Using the previously-described technique for converting indices from one base to another, if we wanted to calculate

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Using the previously-described technique for converting indices from one base to another, if we wanted to calculate the price of oil on the basis of a constant value of US dollars for the year 2007, the calculation is as shown in Figure 9.9.

8708588 Example 9.9 Im Year 1980 1981 1982 1983 1904 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995

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Business Statistics Using Excel

ISBN: 9780199659517

2nd Edition

Authors: Glyn Davis, Branko Pecar

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