The following table shows the average price, taken monthly, of Widget Company stock over the last year.
Question:
The following table shows the average price, taken monthly, of Widget Company stock over the last year.
(a) Form a price index, using week 1 as the base.
(b) Form a price index, using week 7 as the base.
Transcribed Image Text:
Month 1 2 3 4 5 6 Price 41 310-14 -100-mlod 42 / 43 453 471/ 49 Month 7 8 9 10 11 12 Price 50- 493/ 52 -14 314 -100 100 53 54 51
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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