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 |
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