The table below shows hypothetical data for volumes of e-books and hardcover books sold over a 3-year period in a particular city.
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; 44.2; 21.7.
B)100; 226.1; 460.9.
C)23 000; 52 000; 106 000.
D)100; 126.1; 360.1.
E)1; 0.442; 0.217.

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.
  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; 44.2; 21.7. 
B)100; 226.1; 460.9. 
C)23 000; 52 000; 106 000. 
D)100; 126.1; 360.1. 
E)1; 0.442; 0.217.

Quizplus · Accepted Answer

Index numbers are calculated by dividing the sales volume of each year by the base year volume and then multiplying by 100.

The Table Below Shows Hypothetical Data for Volumes of E-Books