To splice the two price index series together to form one continuous series with 2010 as the base year, we need to adjust the values accordingly. Since the base year 2010 is already present in both series, we don't need to make any adjustments for that year.
2008=100 2012=100 2010=100
2007 94 A
2008 100 B
2009 115 104 C
2010 110 110 80 D
2011 101.82 90 E
2012 100 100 F
2013 104.55 115 G
Now, we can see that the value of C is adjusted to 104.55 in the continuous series. Therefore, the correct answer is:
104.55
Consider the following two index series:
2008=100 2012=100 2010=100
2007 94 A
2008 100 B
2009 115 C
2010 110 80 D
2011 90 E
2012 100 F
2013 115 G
Splice the two price index series to form one continuous series with 2010 as the base year.
Find the value of C.
100
106.45
104.55
108.45
98.55
1 answer
1 answer