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In 1969,Don bought a Dodge Dart for $2500.In 2015,he bought a Honda Civic for $22,000.If the price index in 1969 was 39.2 and the price index in 2015 was 190,what is the price of the Dodge Dart in 2015 prices?
COV
Coefficient of Variation, a statistical measure of the relative dispersion or variability in data, expressed as a percentage of the mean.
Variables
Elements, features, or factors that are likely to vary or change from one instance to another in a study or experiment.
Expected Value
The long-run average or mean value of random variables, weighted by their probabilities, representing the expected outcome of a random event.
Linear Relationship
A direct proportionality between two variables in which the change in one variable is directly proportional to the change in another, represented graphically as a straight line.
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