The quarterly numbers of single-family housing starts (in thousands of dwellings) in the United States from 2013

Question:

The quarterly numbers of single-family housing starts (in thousands of dwellings) in the United States from 2013 through 2015 are recorded below.

a. Using Quarter 1, 2013, as a base period, calculate the simple index for this quarterly time series.

b. Interpret the simple index for Quarter 2, 2014.

c. By what percentage did the number of housing starts change between Quarter 1, 2013, and Quarter 4, 2015?

d. By what percentage did the number of housing starts increase between Quarter 1, 2014, and Quarter 4, 2015?

Year Quarter Housing Starts 2013 1 136 174 165 142 134 2014 1 183 178 154 140 205 2015 1 203 166

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Statistics For Business And Economics

ISBN: 9780134506593

13th Edition

Authors: James T. McClave, P. George Benson, Terry Sincich

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Question Posted: Nov 22, 2017 07:54 AM

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The quarterly numbers of single-family housing starts (in thousands of dwellings) in the United States from 2013

Question:

Year Quarter Housing Starts 2013 1 136 174 165 142 134 2014 1 183 178 154 140 205 2015 1 203 166

Step by Step Answer:

a To compute the simple index divide each housing start value by the 2013 Quarter 1 value 136 and th...View the full answer

Statistics For Business And Economics

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