Solve the Problem. -Suppose That the Cost of a Statistics Text Was $60

question 47

Multiple Choice

Solve the problem.
-Suppose that the cost of a statistics text was $60 in 1985 and is $130 in 2000. What is the "Statistics Text Index" number, rounded to the nearest tenth, for the 1985 edition with the 1985 price as the reference value?

• A)60
• B)46.2
• C)100.0
• D)216.7

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Definitions:

Public Relations Practitioner

A professional responsible for managing and influencing public perception and maintaining relationships between an organization and its publics.

Goodwill

The intangible asset that arises as a result of the acquisition of one company by another for a premium value, representing the reputation, brand, and other non-tangible assets.

Online Expansion

The process of growing a business's or organization's presence, services, or products through digital platforms and the internet.

Community

A group of people living in the same place or having a particular characteristic in common, or a feeling of fellowship with others due to shared attitudes, interests, and goals.