Listed below is the price of a pair of men's boots over a 50 year time period.
$$\begin{array} { | l | l | }
\hline \text { Year } & \text { Price } \
\hline 1950 & \$ 22.45 \
\hline 1960 & \$ 32.33 \
\hline 1970 & \$ 44.90 \
\hline 1980 & \$ 69.75 \
\hline 1990 & \$ 80.05 \
\hline 2000 & \$ 87.28 \
\hline
\end{array}$$
Find the simple index numbers for the data with 1950 as the base year.

Question

Listed below is the price of a pair of men's boots over a 50 year time period.
$$\begin{array} { | l | l | } 
\hline \text { Year } & \text { Price } \
\hline 1950 & \$ 22.45 \
\hline 1960 & \$ 32.33 \
\hline 1970 & \$ 44.90 \
\hline 1980 & \$ 69.75 \
\hline 1990 & \$ 80.05 \
\hline 2000 & \$ 87.28 \
\hline
\end{array}$$ 
Find the simple index numbers for the data with 1950 as the base year.

Quizplus · Accepted Answer

The Answer of Listed below is the price of a pair of men's boots over a 50 year time period.
$$\begin{array} { | l | l | } 
\hline \text { Year } & \text { Price } \
\hline 1950 & \$ 22.45 \
\hline 1960 & \$ 32.33 \
\hline 1970 & \$ 44.90 \
\hline 1980 & \$ 69.75 \
\hline 1990 & \$ 80.05 \
\hline 2000 & \$ 87.28 \
\hline
\end{array}$$ 
Find the simple index numbers for the data with 1950 as the base year.

Listed Below Is the Price of a Pair of Men's