The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<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,
Substitute all the values in the formula
Thus the value of current CPI is 168.5 which is near about the 170.
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:
20 weeks
Step-by-step explanation:
35+5=40
40/2=20
Well - I mean. If every lunch costs $4 that means that the relationship should be linear.
You used to be able to draw graphs. But plot it out.
Answer:
Paint set cost = 10.5 , Sketch book cost = 7 , Brush cost = 1.75
Step-by-step explanation:
Let the cost of paint set be = p
Cost of sketchbook 's' = (2 / 3) p
Cost of brush 'b' = 1/4th of s = 1 / 4 [ (2 / 3) p ] = (1 / 6) p
Total expenditure = Money bought - Money left = 23.25 - 4 = 19.25
Total expenditure = Cost of (pen + of sketchbook + of brush) = p + s + b
= p + (2 / 3) p + (1 / 6) p = 19.25 → p + 2p / 3 + p / 6 = 19.25
( 6p + 4p + p ) / 6 = 19.25 → 11p / 6 = 19.25 → p = ( 19.25 x 6 ) / 11
p = 10.5 ; s = (2 / 3) p = 2 / 3 (10.5) = 7 ; b = (1 / 6) p = 10.5 / 6 = 1.75
Answer:
96
Step-by-step explanation:
Total number of people attending the history museum is 200
Surveyed people are 25
Out of the 25, 12 people said yes
Therefore; the fraction which said yes = 12/25
To find the total number of people expected to say yes out of those that attended the history museum;
Fraction of the sampled that said yes × total number of people that attended.
= 12/25 × 200
= 96
