NEW 108/22/21 8:55 PM lat Homework: Sec. 1.1 Question 38,1.1.69-BE Pano HW Score: 48.7%. 20 46 of 42 points Score: 0 of 1 Save The Consumer Price Index (CPI) is a measure of the change in the cost of goods over time. The index was 100 for the three-yew period centered on 1963. For simplicity, we will assume that the CPI was exactly 100 in 1982. Then the CPI of 1984 in 2006 indicates that an item that cost $1.00 in 1982 would cost $1.98 in 2006. The CPI has been increasing approximately linearly over the last few decades a. Use this information to determine an equation for the Printems of t. which represents the yours since 1982 b. Based on the answer to part(), what was the predicted value of the CPI in 2000? Compare this estimate with the actu CPI of 1727 c. Describe the rate at which the annual CPI is changing a.y=+Round to the nearest tenth as needed) es Enter your answer in this not fields and then click Check Answer View an Example Textbook Print Clear All CHARAN OK