 Chapter 15.1: Index Numbers 579 index for the change in the amount of commercial ...
 Chapter 15.2: The table below reports the earnings per share of common stock for ...
 Chapter 15.3: Listed below are the net sales for Blair Corporation, a mailorder ...
 Chapter 15.4: In January 1994, the price for a whole fresh chicken was $0.899 per...
 Chapter 15.5: Below are the prices of toothpaste (9 oz), shampoo (7 oz), cough ta...
 Chapter 15.6: Fruit prices and the amounts consumed for 2000 and 2009 are below. ...
 Chapter 15.7: The prices and the numbers of various items produced by a small mac...
 Chapter 15.8: Following are the quantities and prices for the years 2000 and 2009...
 Chapter 15.9: The prices and production of grains for August 1995 and August 2009...
 Chapter 15.10: The prices and production of grains for August 1995 and August 2009...
 Chapter 15.11: The index of leading economic indicators, compiled and published by...
 Chapter 15.12: You are employed by the state bureau of economic development. There...
 Chapter 15.13: In April 2008, the mean salary for a nurse manager with a bachelors...
 Chapter 15.14: The Trade Union Association of Orlando, Florida, maintains indexes ...
 Chapter 15.15: The Trade Union Association of Orlando, Florida, maintains indexes ...
 Chapter 15.16: Sam Steward is a freelance Web page designer. Listed below are his ...
 Chapter 15.17: Refer to the Johnson & Johnson data. Use 2000 as the base period an...
 Chapter 15.18: Refer to the Johnson & Johnson data. Use the period 200002 as the b...
 Chapter 15.19: Refer to the Johnson & Johnson data. Use 2000 as the base period an...
 Chapter 15.20: Refer to the Johnson & Johnson data. Use 2000 as the base period an...
 Chapter 15.21: Refer to the Johnson & Johnson data. Use 2000 as the base period an...
 Chapter 15.22: Refer to the Johnson & Johnson data. Use the period 200002 as the b...
 Chapter 15.23: Compute a simple index for the revenue of GE. Use 2004 as the base ...
 Chapter 15.24: Compute a simple index for the revenue of GE using the period 20040...
 Chapter 15.25: Compute a simple index for the number of employees for GE. Use 2004...
 Chapter 15.26: Compute a simple index for the number of employees for GE using the...
 Chapter 15.27: Compute a simple price index for each of the four items. Use 2000 a...
 Chapter 15.28: Compute a simple aggregate price index. Use 2000 as the base period.
 Chapter 15.29: Compute Laspeyres price index for 2009 using 2000 as the base period.
 Chapter 15.30: Compute Paasches index for 2009 using 2000 as the base period.
 Chapter 15.31: Determine Fishers ideal index using the values for the Laspeyres an...
 Chapter 15.32: Determine a value index for 2009 using 2000 as the base period
 Chapter 15.33: Compute a simple price index for each of the three items. Use 2000 ...
 Chapter 15.34: Compute a simple aggregate price index for 2009. Use 2000 as the ba...
 Chapter 15.35: Compute Laspeyres price index for 2009 using 2000 as the base period.
 Chapter 15.36: Compute Paasches index for 2009 using 2000 as the base period.
 Chapter 15.37: Determine Fishers ideal index using the values for the Laspeyres an...
 Chapter 15.38: Determine a value index for 2009 using 2000 as the base period.
 Chapter 15.39: Compute a simple price index for each of the four items. Use 2000 a...
 Chapter 15.40: Compute a simple aggregate price index. Use 2000 as the base period
 Chapter 15.41: Compute Laspeyres price index for 2009 using 2000 as the base period.
 Chapter 15.42: Compute Paasches index for 2009 using 2000 as the base period.
 Chapter 15.43: Determine Fishers ideal index using the values for the Laspeyres an...
 Chapter 15.44: Determine a value index for 2009 using 2000 as the base period
 Chapter 15.45: Compute a simple price index for each of the four items. Use 1990 a...
 Chapter 15.46: Compute a simple aggregate price index. Use 1990 as the base period.
 Chapter 15.47: Compute Laspeyres price index for 2009 using 1990 as the base period
 Chapter 15.48: Compute Paasches index for 2009 using 1990 as the base period
 Chapter 15.49: Determine Fishers ideal index using the values for the Laspeyres an...
 Chapter 15.50: Determine a value index for 2009 using 1990 as the base period
 Chapter 15.51: A specialpurpose index is to be designed to monitor the overall ec...
 Chapter 15.52: prices, the labor force, productivity, and the GNP were collected. ...
 Chapter 15.53: The management of Ingalls Super Discount stores, with several store...
 Chapter 15.54: Suppose that the Producer Price Index and the sales of Hoskins Whol...
Solutions for Chapter Chapter 15: Index Numbers
Full solutions for Statistical Techniques in Business and Economics  15th Edition
ISBN: 9780073401805
Solutions for Chapter Chapter 15: Index Numbers
Get Full SolutionsSince 54 problems in chapter Chapter 15: Index Numbers have been answered, more than 29996 students have viewed full stepbystep solutions from this chapter. Chapter Chapter 15: Index Numbers includes 54 full stepbystep solutions. Statistical Techniques in Business and Economics was written by and is associated to the ISBN: 9780073401805. This expansive textbook survival guide covers the following chapters and their solutions. This textbook survival guide was created for the textbook: Statistical Techniques in Business and Economics, edition: 15.

Alias
In a fractional factorial experiment when certain factor effects cannot be estimated uniquely, they are said to be aliased.

Assignable cause
The portion of the variability in a set of observations that can be traced to speciic causes, such as operators, materials, or equipment. Also called a special cause.

Attribute
A qualitative characteristic of an item or unit, usually arising in quality control. For example, classifying production units as defective or nondefective results in attributes data.

Axioms of probability
A set of rules that probabilities deined on a sample space must follow. See Probability

Block
In experimental design, a group of experimental units or material that is relatively homogeneous. The purpose of dividing experimental units into blocks is to produce an experimental design wherein variability within blocks is smaller than variability between blocks. This allows the factors of interest to be compared in an environment that has less variability than in an unblocked experiment.

Chance cause
The portion of the variability in a set of observations that is due to only random forces and which cannot be traced to speciic sources, such as operators, materials, or equipment. Also called a common cause.

Chisquare test
Any test of signiicance based on the chisquare distribution. The most common chisquare tests are (1) testing hypotheses about the variance or standard deviation of a normal distribution and (2) testing goodness of it of a theoretical distribution to sample data

Conditional variance.
The variance of the conditional probability distribution of a random variable.

Consistent estimator
An estimator that converges in probability to the true value of the estimated parameter as the sample size increases.

Contingency table.
A tabular arrangement expressing the assignment of members of a data set according to two or more categories or classiication criteria

Continuous uniform random variable
A continuous random variable with range of a inite interval and a constant probability density function.

Cumulative distribution function
For a random variable X, the function of X deined as PX x ( ) ? that is used to specify the probability distribution.

Cumulative normal distribution function
The cumulative distribution of the standard normal distribution, often denoted as ?( ) x and tabulated in Appendix Table II.

Defectsperunit control chart
See U chart

Dependent variable
The response variable in regression or a designed experiment.

Distribution function
Another name for a cumulative distribution function.

Error propagation
An analysis of how the variance of the random variable that represents that output of a system depends on the variances of the inputs. A formula exists when the output is a linear function of the inputs and the formula is simpliied if the inputs are assumed to be independent.

Error variance
The variance of an error term or component in a model.

F distribution.
The distribution of the random variable deined as the ratio of two independent chisquare random variables, each divided by its number of degrees of freedom.

Frequency distribution
An arrangement of the frequencies of observations in a sample or population according to the values that the observations take on