Listed are the sales at Robertas Ice Cream Stand for the last 5 years, 2015 through 2019.
Question:
Listed are the sales at Roberta’s Ice Cream Stand for the last 5 years, 2015 through 2019.
Year Sales
2015 . . . . . . . . . . . . . . . $130,000
2016 . . . . . . . . . . . . . . . 145,000
2017 . . . . . . . . . . . . . . . 120,000
2018 . . . . . . . . . . . . . . . 170,000
2019 . . . . . . . . . . . . . . . 190,000
a. Find the simple index for each year using 2015 as the base year.
b. Find the simple index for each year using 2015–2016 as the base year.
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a To find the simple index for each year using 2015 as the base year ...View the full answer
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Related Book For 
Statistical Techniques In Business And Economics
ISBN: 9781260239478
18th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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