-The Information in the Table Above Gives the 2008 Reference

question 38

Multiple Choice

$$\begin{array} { | c | l | l | l | } \hline && { 2008 } & 2009 \\\hline \text { Item } & \text { Quantity } & \text { Frice } & \text { Price } \\\hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\\hline \begin{array} { c } \text { Bags of } \\\text { popcorn }\end{array} & 2 & \$ 3.00 & \$ 3.00 \\\hline \text { Drinks of soda } & 4 & \$ 1.00 & \$ 1.50 \\\hline\end{array}$$
-The information in the table above gives the 2008 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2009 prices. What is the value of the CPI for 2009?

• A) 133
• B) 100
• C) 140
• D) 75

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Definitions:

Dummy Variables

Variables used in regression analysis to represent categorical data by converting it into a series of binary values.

Levels

The different values or categories that a factor can have in an experiment or statistical model.

Multiple Coefficient

A term that does not have a standard definition in statistics or mathematics and may be confused with terms like "multiple correlation coefficient" or "multiple coefficients in regression analysis". NO.

Determination

The process of establishing something precisely, such as a calculation or measurement.