Consider the following data: Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Production 3617 3454 3300 3128 3063 2900 2746 2574 2509 2355 2183 2118 Figures Calculate the fixed base index number for February with base March. Give your answer to the nearest whole number.

Consider the following data: Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Production 3617 3454 3300 3128 3063 2900 2746 2574 2509 2355 2183 2118 Figures Calculate the fixed base index number for February with base March. Give your answer to the nearest whole number.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Consider the following data:
Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec
Production 3617 3454 3300 3128 3063 2900 2746 2574 2509 2355 2183 2118
Figures
Calculate the fixed base index number for February with base March. Give your answer to
the nearest whole number.
Answer: 104

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