According to the National Chicken Council (www.nationalchickencouncil.org/about-the-industry/statistics/wholesale-and-retail-prices-for-chicken-beef and pork), the mean retail price per pound of chicken

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According to the National Chicken Council (www.nationalchickencouncil.org/about-the-industry/statistics/wholesale-and-retail-prices-for-chicken-beef and pork), the mean retail price per pound of chicken in 2010 was $1.753. In 2020, the retail price for chicken was $1.908 per pound. Use the 2010 price as the base period and 100 as the base value to compute a simple index. What is the percentage change in the per pound retail price of chicken during the period?

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Statistical Techniques In Business And Economics

ISBN: 9781265779696

19th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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