Customer price index is the price index which measures the weight average of price of basket of customers goods or services. The reasonable estimate of the current customer price index is 195. The option B is the correct option.
Given information-
The data table for the given problem is attached below.
<h3>Customer price index</h3>
Customer price index is the price index which measures the weight average of price of basket of customers goods or services. It can be given as,
Here 
is the cost of market basket in current period and 
is the cost of market basket in the base period.
Cost of market basket in current period is.
Cost of market basket in 1983 is,
Put the value in the customer price index formula,
Thus the value of current CPI is 190.5 which is near about the 195.
Hence the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;
brainly.com/question/25495502
Answer:
B)
Step-by-step explanation:
In statistics, an outlier is a data point that differs significantly from other observations.
This can happen because of different reasons: it may be due to variability in the measurement or it may indicate an actual experimental error. If it is an actual experimental error then it can create problems when doing the statistical analysis.
A) We can say that this is true, the outliers are observed values far from the other data, however we can make a much deeper analysis of this.
B) This is the right answer, since we don't know what is really causing the outlier, we need to take a closer look to see if they are just mistakes (and therefore be removed). If they are not mistakes we need to do the analysis with and without them to reach correct conclusions.
C) this is wrong because although the part of the histogram is true. It is not true that they should be ignored.
d) The outliers differ significantly from the other data but this doesn't make them the minimum and maximum values in a data set and therefore they should not be treated as such.
Therefore, the correct answer is B)
Answer:
you will get a decimal answer which is 94.10526316
Step-by-step explanation:
Answer:
5
Step-by-step explanation:
total sum of the 6 numbers
= 4 ×6
= 24
sum of numbers without the two 2s
= 24 - 2(2)
= 20
average of other 4 numbers
= 20 ÷ 4
= 5
Answer:
0
Step-by-step explanation:
=-5/6-7/6+2
=-12/6+2
=-2+2=0
