The table below shows hypothetical data for volumes of e- books and hardcover books sold over a 3- year period in a particular city. $$\begin{array} { | c | c | c | }
\hline & \text { E- books } & \text { Hardcover Books } \
\hline \text { Year 1 } & 23000 & 72000 \
\hline \text { Year 2 } & 52000 & 59000 \
\hline \text { Year 3 } & 106000 & 31000 \
\hline
\end{array}$$ TABLE 2- 3
-Refer to Table 2- 3.Suppose we choose Year 1 as the base year and construct a series of index numbers with which to analyze sales data.The index numbers for volumes of hardcover books sold (starting with Year 1)is:
A)100; 0.819; 0.431
B)0.431; 0.819; 100
C)431; 819; 100
D)43.1; 81.9; 100
E)100; 81.9; 43.1

Question

The table below shows hypothetical data for volumes of e- books and hardcover books sold over a 3- year period in a particular city. $$\begin{array} { | c | c | c | } 
\hline & \text { E- books } & \text { Hardcover Books } \
\hline \text { Year 1 } & 23000 & 72000 \
\hline \text { Year 2 } & 52000 & 59000 \
\hline \text { Year 3 } & 106000 & 31000 \
\hline
\end{array}$$ TABLE 2- 3
-Refer to Table 2- 3.Suppose we choose Year 1 as the base year and construct a series of index numbers with which to analyze sales data.The index numbers for volumes of hardcover books sold (starting with Year 1)is:
A)100; 0.819; 0.431
B)0.431; 0.819; 100
C)431; 819; 100
D)43.1; 81.9; 100
E)100; 81.9; 43.1

Quizplus · Accepted Answer

The index number for Year 1 is 100 (base year). For Year 2, the index is (59000/72000)*100 = 81.9. For Year 3, the index is (31000/72000)*100 = 43.1.

The Table Below Shows Hypothetical Data for Volumes of E-