Table 1: FILL IN THE GREY COLUMNS

2011 Basket for typical college student				2012 Basket for typical college student
Item	Price	Quantity		Item	Price	Quantity
BJC Concerts	$50.00	5		BJC Concerts	$70.00	3
Rent	$900.00	1		Rent	$900.00	1
Gasoline for Car	$15.00	7		Gasoline for Car	$25.00	7
PSU Sporting events	$10.00	7		PSU Sporting events	$8.00	14

Table 2: FILL IN THE GREY COLUMNS

2011 Basket for typical college student				2012 Basket for typical college student
Item	Price	Quantity		Item	Price	Quantity
BJC Concerts	$50.00	5		BJC Concerts	$70.00	3
Rent	$900.00	1		Rent	$900.00	1
Gasoline for Car	$15.00	7		Gasoline for Car	$25.00	7
PSU Sporting events	$10.00	7		PSU Sporting events	$8.00	14

Assuming 2012 is the base year, what is the price index in 2011 and the inflation rate for the typical college student between 2011 and 2012?

What is the chain weighted rate of inflation for the typical college student?