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The Consumer Price Index (CPI) Is Calculated by Averaging the Prices

Question 41

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The consumer price index (CPI) is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​
The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)

Source: U.S. Bureau of the Census


A) The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)
B) The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)
C) The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)
D) The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)
E) The consumer price index (CPI)  is calculated by averaging the prices of various items after assigning a weight to each item. The following table gives the consumer price indexes for selected years from 1940 through 2002, reflecting buying patterns of all urban consumers, with x representing years past 1900. Find an equation that models these data. If it's necessary, round your calculations to four decimal places. ​   ​ Source: U.S. Bureau of the Census ​ A)    B)    C)    D)    E)

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