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 Paasche method.
b.Interpret the result.
Definitions:
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The process of setting performance expectations and goals for teams or individuals to guide desired outcomes.
Policy Making
The process of creating rules, laws, or guidelines that govern the behavior of individuals and organizations.
Japanese Economy
The economic system of Japan, known for its combination of modern industry, advanced technology, and a strong governmental role in regulating the economy.
Quality Movement
A management approach focusing on continuous improvement of processes, products, and services through customer feedback and systematic problem-solving.
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