The following table provides the price and quantity data for three brands of a particular good during 2010 and 2011. 
a.Use 2010 as the base year and compute the weighted aggregate price index for 2011 using the Laspeyres method.
B)Interpret the result.
Definitions:
Meta-analysis
Meta-analysis is a statistical procedure that integrates the results of multiple scientific studies to reach a more comprehensive conclusion regarding a particular question or hypothesis.
Statistical Analysis
The process of collecting, analyzing, interpreting, and presenting data to uncover patterns and trends, often used in research.
Sociocultural Factors
Aspects of society and culture that influence an individual's behavior, opinions, and lifestyle.
Biological Factors
Elements that are rooted in biology and affect human functioning, such as genetics, neurochemistry, and physical health.
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