The table below shows hypothetical per- minute cell phone charges for "pay- and- talk" service over several years. TABLE 2- 2
-Refer to Table 2- 2.Assume that 2008 is used as the base year,with the index number = 100.The value of the index number in 2011 is calculated as follows:
A) 0.55/0.35 = 1.57
B) (0.55/0.35) × 100 = 157.14
C) (0.35/0.55) × 100 = 63.64
D) 0.35 × 100 = 35
E) 0.35/0.55 = 0.64
Correct Answer:
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