Use the CPI values from Figure 9.8 to convert the sales values from the student exercise X9.6

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Use the CPI values from Figure 9.8 to convert the sales values from the student exercise X9.6 to a constant dollar value based on the 2004 value of the dollar.

0XFERR Example 9.8 Year 1960 1961 1982 1983 1964 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996


Data from Exercises 9.6

Calculate indices based on year 2000 for the series shown in Table 9.5. Could you convert them into indices based on year 2003?

Year Sales Table 9.5 2000 230 2001 300 2002 290 2003 320 2004 350 2005 400 2006 350 2007 400 2008 420

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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