(Situation G) The number of industrial and construction failures in the United States by the type of firm for the years 1985-1996 is given in the table. $$\begin{array} { l r c c r c }
\hline \text { Year } & \begin{array} { l }
\text { Commercial } \
\text { Service }
\end{array} & \text { Construction } & \begin{array} { c }
\text { Manufacturing } \
\text { and Mining }
\end{array} & \begin{array} { l }
\text { Retail } \
\text { Trade }
\end{array} & \begin{array} { l }
\text { Wholesale } \
\text { Trade }
\end{array} \
\hline 1985 & 1637 & 2262 & 1645 & 4799 & 1089 \
1986 & 1331 & 1770 & 1360 & 4139 & 1028 \
1987 & 1041 & 1463 & 1122 & 3406 & 887 \
1988 & 773 & 1204 & 1013 & 2889 & 740 \
1989 & 930 & 1378 & 1165 & 3183 & 908 \
1990 & 1594 & 2355 & 1599 & 4910 & 1284 \
1991 & 2366 & 3614 & 2223 & 6882 & 1709 \
1992 & 3840 & 4872 & 3683 & 9730 & 2783 \
1993 & 8627 & 5247 & 4433 & 11,429 & 3598 \
1994 & 12,787 & 6936 & 5759 & 13,787 & 4882 \
1995 & 16,647 & 7004 & 5662 & 13,501 & 4835 \
1996 & 20,911 & 7035 & 5641 & 13,509 & 4808 \
\hline
\end{array}$$
-Using 1985 as the base year and using all five types of firms, calculate the simple composite index for 1995.
A) 217.88
B) 23.99
C) 476.49
D) 416.80

Question

(Situation G) The number of industrial and construction failures in the United States by the type of firm for the years 1985-1996 is given in the table. $$\begin{array} { l r c c r c } 
\hline \text { Year } & \begin{array} { l } 
\text { Commercial } \
\text { Service }
\end{array} & \text { Construction } & \begin{array} { c } 
\text { Manufacturing } \
\text { and Mining }
\end{array} & \begin{array} { l } 
\text { Retail } \
\text { Trade }
\end{array} & \begin{array} { l } 
\text { Wholesale } \
\text { Trade }
\end{array} \
\hline 1985 & 1637 & 2262 & 1645 & 4799 & 1089 \
1986 & 1331 & 1770 & 1360 & 4139 & 1028 \
1987 & 1041 & 1463 & 1122 & 3406 & 887 \
1988 & 773 & 1204 & 1013 & 2889 & 740 \
1989 & 930 & 1378 & 1165 & 3183 & 908 \
1990 & 1594 & 2355 & 1599 & 4910 & 1284 \
1991 & 2366 & 3614 & 2223 & 6882 & 1709 \
1992 & 3840 & 4872 & 3683 & 9730 & 2783 \
1993 & 8627 & 5247 & 4433 & 11,429 & 3598 \
1994 & 12,787 & 6936 & 5759 & 13,787 & 4882 \
1995 & 16,647 & 7004 & 5662 & 13,501 & 4835 \
1996 & 20,911 & 7035 & 5641 & 13,509 & 4808 \
\hline
\end{array}$$
-Using 1985 as the base year and using all five types of firms, calculate the simple composite index for 1995.
A) 217.88
B) 23.99
C) 476.49
D) 416.80

Quizplus · Accepted Answer

The Answer of (Situation G) The number of industrial and construction failures in the United States by the type of firm for the years 1985-1996 is given in the table. $$\begin{array} { l r c c r c } 
\hline \text { Year } & \begin{array} { l } 
\text { Commercial } \
\text { Service }
\end{array} & \text { Construction } & \begin{array} { c } 
\text { Manufacturing } \
\text { and Mining }
\end{array} & \begin{array} { l } 
\text { Retail } \
\text { Trade }
\end{array} & \begin{array} { l } 
\text { Wholesale } \
\text { Trade }
\end{array} \
\hline 1985 & 1637 & 2262 & 1645 & 4799 & 1089 \
1986 & 1331 & 1770 & 1360 & 4139 & 1028 \
1987 & 1041 & 1463 & 1122 & 3406 & 887 \
1988 & 773 & 1204 & 1013 & 2889 & 740 \
1989 & 930 & 1378 & 1165 & 3183 & 908 \
1990 & 1594 & 2355 & 1599 & 4910 & 1284 \
1991 & 2366 & 3614 & 2223 & 6882 & 1709 \
1992 & 3840 & 4872 & 3683 & 9730 & 2783 \
1993 & 8627 & 5247 & 4433 & 11,429 & 3598 \
1994 & 12,787 & 6936 & 5759 & 13,787 & 4882 \
1995 & 16,647 & 7004 & 5662 & 13,501 & 4835 \
1996 & 20,911 & 7035 & 5641 & 13,509 & 4808 \
\hline
\end{array}$$
-Using 1985 as the base year and using all five types of firms, calculate the simple composite index for 1995.
A) 217.88
B) 23.99
C) 476.49
D) 416.80

(Situation G) the Number of Industrial and Construction Failures in the United