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(a) (30%) Calculate the 12-month % change in the FPPI and the FIF for the two provinces between 2005 and 2015 (i.e compared to a
(a) (30%) Calculate the 12-month % change in the FPPI and the FIF for the two provinces between 2005 and 2015 (i.e compared to a period 1 year ago, i.e, January 2005 compared to January 2004, February 2005 compared to February 2004, etc. For the FPPI, the comparison is between the quarters, i.e., Q1 2005 compared to Q1 2004, Q2 2005 to Q2 2004 etc.). Plot the resulting series (Separately for the FPPI and the FIPI) for both provinces, and calculate the arithmetic and the geometric mean. (2 charts, 4 geometric means and 4 arithmetic means). Given that you are dealing with growth rates, is the geometric or arithmetic mean more meaningful? Explain
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