The Table Below Lists Two Index Number Series for Median

question 19

Essay

The table below lists two index number series for median household income of a particular country. $\begin{array}{|c|c|c|} \hline& 2000 & 2010 \\\hline \text { Year } & \text { Base } & \text { Base } \\\hline \mathbf{1 9 9 9} & 98 & \\\hline \mathbf{2 0 0 0} & 100 & \\\hline \mathbf{2 0 0 1} & 101 & \\\hline \mathbf{2 0 0 2} & 103 & \\\hline \mathbf{2 0 0 3} & 104 & \\\hline \mathbf{2 0 0 4} & 105 & \\\hline \mathbf{2 0 0 5} & 107 & \\\hline \mathbf{2 0 0 6} & 113 & 90 \\\hline \mathbf{2 0 0 7} & & 95 \\\hline \mathbf{2 0 0 8} & & 96 \\\hline \mathbf{2 0 0 9} & & 98 \\\hline \mathbf{2 0 1 0} & & 100 \\\hline \mathbf{2 0 1 1} & & 110 \\\hline \mathbf{2 0 1 2} & & 116 \\\hline \mathbf{2 0 1 3} & & 117 \\\hline\end{array}$ (a) Complete the 2000 index and the 2010 index by filling in the missing values.
(b) Interpret the 2013 value using each index.
(c) Which of your interpretations in part (b) do you prefer? Explain.

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Definitions:

Vulnerable Population

Groups of people who, due to their economic, social, medical, or demographic characteristics, may have a higher risk of poor health outcomes.

Teen Pregnancy Prevention

Strategies and programs aimed at reducing the incidence of pregnancies among teenagers through education, contraception, and access to reproductive health services.

Morbidity and Mortality Rates

Statistical measures of the disease prevalence (morbidity) and death rates (mortality) within a given population.

Demographic Data

Statistical information about populations, including age, race, gender, income, and education, used for analysis and policy-making.