Question
5- Based on the following data, develop a weighted index for the price of a gallon of gasoline in 2014, when 1996 is the reference
5- Based on the following data, develop a weighted index for the price of a gallon of gasoline in
2014, when 1996 is the reference year having an index value of 99.2. The weight placed on regular unleaded gasoline is three times that of either premium or unleaded plus, because roughly three times as much regular unleaded is sold compared with premium or unleaded plus.
Price (Cents/Gal) in Year
|
| 1996 | 2010 | 2014 |
| Premium | 114 | 240 | 315 |
| Unleaded plus | 103 | 230 | 305 |
| Regular unleaded | 93 | 221 | 285 |
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Routledge Handbook Of Social And Sustainable Finance
Authors: Othmar M. Lehner
1st Edition
1138343773, 978-1138343771
