Examlex

Solved

Instruction 14-21
Given Below Are the Average Prices for Three

question 113

Short Answer

Instruction 14-21
Given below are the average prices for three types of energy products in Australia from 2006 to 2010.
 Year  Electricity  Natural Gas  Fuel Oil 200643.20525.8930.892200716.95928.7490.969200847.20228.9331.034200948.87429.8720.913201048.69328.3840.983\begin{array} { | l | c | c | c | } \hline \text { Year } & \text { Electricity } & \text { Natural Gas } & \text { Fuel Oil } \\\hline 2006 & 43.205 & 25.893 & 0.892 \\\hline 2007 & 16.959 & 28.749 & 0.969 \\\hline 2008 & 47.202 & 28.933 & 1.034 \\\hline 2009 & 48.874 & 29.872 & 0.913 \\\hline 2010 & 48.693 & 28.384 & 0.983 \\\hline\end{array}
-Referring to Instruction 14-21,what is the unweighted price index for the group of three energy items in 2009 using 2006 as the base year?


Definitions:

Agency Law

A body of law concerning the relationship where one party (the agent) is authorized to act on behalf of another (the principal) in dealings with third parties.

Output Controls

Management practices that focus on the results of organizational activities, such as performance measures and goals, to oversee operations.

Desired Targets

Specific goals or outcomes that an individual or organization aims to achieve.

Predetermined Limits

Constraints or boundaries that are set in advance, defining the permissible scope of actions or the extent of an activity or process.

Related Questions