Question
A. Below is the average increase in college tuition over the last 10 years. Using 2001 as the base year, calculate the relative indexes: (Copy
A. Below is the average increase in college tuition over the last 10 years. Using 2001 as the base year, calculate the relative indexes:
(Copy into Excel)
Item | Price $(1,000) | Relative Index |
2001 | 57.900 |
|
2002 | 59.908 |
|
2003 | 64.669 |
|
2004 | 70.831 |
|
2005 | 79.623 |
|
2006 | 90.323 |
|
2007 | 99.723 |
|
2008 | 109.938 |
|
2009 | 119.923 |
|
2010 | 123.631 |
|
B. Below is the monthly sales revenue in dollars in toliet paper sells. Using = .05 and exponential smoothing, calculate from 2001 to 2010, plus month 2011's revenue.
(Copy into Excel)
Index | $(000) | Exponent. |
2001 | 57 | 57.00 example |
2002 | 60 | 57.00 example |
2003 | 65 |
|
2004 | 71 |
|
2005 | 79 |
|
2006 | 90 |
|
2007 | 99 |
|
2008 | 110 |
|
2009 | 119 |
|
2010 | 124 |
|
2011 |
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started