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The Consumer Price Index (CPI) tracks the cost of a typical sample of consumer goods. The following table shows the perc
Posted: Fri Jul 08, 2022 5:37 am
by answerhappygod
- The Consumer Price Index Cpi Tracks The Cost Of A Typical Sample Of Consumer Goods The Following Table Shows The Perc 1 (17.7 KiB) Viewed 23 times
The Consumer Price Index (CPI) tracks the cost of a typical sample of consumer goods. The following table shows the percentage increase in the CPI for each year in a 10-year period. Let r denote the yearly percentage increase in the CPI. Find the number of years during the given period that r>3.1. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 % Increase in CPI 2.6 3.4 1.3 2.7 1.6 2.8 2.8 1.6 3.7 3.3