Suppose That the Cost of a Statistics Text Was $45

question 1

Multiple Choice

Suppose that the cost of a statistics text was $45 in 1980 and $76 in 2005. What is the Statistics Text Index number, rounded to the nearest tenth, for the 1980 edition with the 2005 price as the reference value?

• A) 0.6
• B) 5.9
• C) 59.2
• D) 168.9

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Definitions:

Participation

The action of taking part in something or becoming involved in an activity or event.

Operative

An operative is a worker, especially skilled in manual, clerical, or administrative work, often employed within the operations of a business or organization.

Punishment

Discourages a behavior by making an unpleasant consequence contingent on its occurrence.

Reward

A reward is an incentive or benefit given in recognition of someone's effort, achievement, or contribution.