Question: Question 13 (Mandatory) (4 points) Using the ENR's Construction Cost Index (CCI) History, what is the average monthly rate of change of this index between

Question 13 (Mandatory) (4 points) Using the

Question 13 (Mandatory) (4 points) Using the ENR's Construction Cost Index (CCI) History, what is the average monthly rate of change of this index between March 2014 and 2015? CONSTRUCTION COST INDEX HISTORY (1928-2015) HOW ENR BUILDS THE INDEX: Two hundred hours of common labor at the 20-city average common-labor wager: price prior to 1996 and the fabricated 20-city price from 1996, plus 1.128 tons of portland cement at the 20-city pr JAN MARCH APRIL MAY ANNUAL AVERAGE, 1993=100 1928: 207 1951: 543 1929: 207 1952: 569 1930: 203 1953: 600 1931: 181 1954: 628 1932: 157 1955: 660 1933: 170 1956: 692 1934: 198 1957: 724 1935: 196 1958: 759 1936: 206 1959: 797 1937: 235 1960: 824 1938: 236 1961: 847 1939: 236 1962: 872 1940: 242 1963: 901 1941: 258 1964: 936 1974: 2020 1975: 2212 1976: 2401 1977: 2576 1978: 2776 1979: 3003 1980: 3237 1981: 3535 1982: 3825 1983: 4066 1984: 4148 1985: 4182 1986: 4295 1987: 4406 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 5765 5852 6000 6130 6281 6462 6581 6825 7297 7660 7880 8090 FEB. 5769 5874 5992 6160 6272 6462 6640 6861 7298 7689 7880 8094 5759 5875 5986 6202 6279 6502 6627 6957 7309 7692 7856 8109 5799 5883 6008 6201 6286 6480 6635 7017 7355 7695 7865 8112 5837 5881 6006 6233 6288 6512 6642 7064 7398 7691 7942 8141 JANA ! IU. LUU 1939: 236 1940: 242 1941: 258 1942: 276 1943: 290 1944: 299 1945: 308 1946: 346 1947: 413 1948: 461 1949: 477 1950: 510 1962: 872 1963: 901 1964: 936 1965: 971 1966: 1019 1967: 1074 1968: 1155 1969: 1269 1970: 1381 1971: 1581 1972: 1753 1973: 1895 1985: 4182 1986: 4295 1987: 4406 1988: 4519 1989: 4615 1990: 4732 1991: 4835 1992: 4985 1993: 5210 1994: 5408 1995: 5471 1996: 5620 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 7660 7880 8090 8549 8660 8938 9176 9437 9664 9972 7689 7880 8094 8533 8672 8998 9198 9453 9681 9962 7692 7856 8109 8534 8671 9011 9268 9456 9702 9972 7695 7865 8112 8528 8677 9027 9273 9484 9750 7691 7942 8141 8574 8761 9035 9290 9516 9796 a) 0.42% b) 0.36% c) 0.29% d) 0.23%

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