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 the sales data.The index numbers for volumes of e- books sold (starting with Year 1)is:
A)100; 226.1; 460.9
B)1; 0.442; 0.217
C)23 000; 52 000; 106 000
D)100; 126.1; 360.1
E)100; 44.2; 21.7

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 the sales data.The index numbers for volumes of e- books sold (starting with Year 1)is:
A)100; 226.1; 460.9
B)1; 0.442; 0.217
C)23 000; 52 000; 106 000
D)100; 126.1; 360.1
E)100; 44.2; 21.7

Quizplus · Accepted Answer

The index numbers for volumes of e- books sold (starting with Year 1) is 100; 226.1; 460.9.The index number for Year 1 is 100, which is the base year. The index number for Year 2 is 226.1, which is calculated by dividing the volume of e- books sold in Year 2 (52000) by the volume of e- books sold in Year 1 (23000) and multiplying by 100. The index number for Year 3 is 460.9, which is calculated by dividing the volume of e- books sold in Year 3 (106000) by the volume of e- books sold in Year 1 (23000) and multiplying by 100.

The Table Below Shows Hypothetical Data for Volumes of E-