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jmoney5 jmoney5
wrote...
Posts: 470
4 years ago

Question 1.

Identify the four price index numbers in the table that would result from using the price from 1995 as the reference value. Round each value to the nearest tenth.

Average Gasoline Prices (per gallon)
YearPricePrice as a Percentage of 1975 PricePrice Index
(1975 = 100)
Price Index
(1995 = 100)
195529.1¢51.3%51.3
197556.7¢100.0%100.0
1995120.5¢212.5%212.5
2005231.0¢407.4%407.4


▸ 1955: 191, 1975: 100, 1995: 47.8, 2005: 24.1

▸ 1955: 191.7, 1975: 100, 1995: 47.1 ,2005: 24.1

▸ 1955: 24.1, 1975: 47.8, 1995: 100, 2005: 191

▸ 1955: 24.1, 1975: 47.1, 1995: 100, 2005: 191.7

Question 2.

Construct the requested table.

A car insurance company conducted a survey to find out how many car accidents people had been involved in. They selected a sample of 32 adults between the ages of 30 and 70 and asked each person how many accidents they had been involved in in the past ten years. The following data were obtained.



Create a frequency table for the number of car accidents.











Textbook 
Statistical Reasoning for Everyday Life

Statistical Reasoning for Everyday Life


Edition: 5th
Authors:
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javiermorillajaviermorilla
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Posts: 393
4 years ago
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