A Company Has Data on Annual Revenue for Ten Years

question 71

Essay

A company has data on annual revenue for ten years beginning in 1995. The company wants to compute an index using the revenues from 1995, 1996, and 1997 as the base. If the revenues for the three years were (in $millions) $1.5, $1.3, and $2.0, what is the base value?

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Definitions:

Stressful Experiences

Events or situations that cause a significant amount of stress, potentially impacting an individual's mental and physical well-being.

Aids

Acquired Immunodeficiency Syndrome, a chronic, potentially life-threatening condition caused by the human immunodeficiency virus (HIV), which severely damages the immune system.

Type A Personality

A personality type characterized by a constant feeling of working against the clock and a strong sense of competition.

Irritable

Characterizes a state or condition of being easily annoyed or made angry.