A special CPI is constructed to measure the variation of these products, so that coffee and bread have a weight of 0.35 of the total and egg, ham and cheese 0.1 of the total. variation of the CPI?

9514 1404 393

  The CPI increased 3.42% in Month 2.

Step-by-step explanation:

In a spreadsheet, the weighted sum is easily computed using the SUMPRODUCT( ) function. It multiplies the corresponding values of two arrays, then returns the sum of those products. If one of the values is a weight, then the result is a weighted sum.

Your CPI is computed as the weighted sum of the prices of the individual products. The percentage change is computed in the usual way:

  pct change = ((new value)/(old value) -1) × 100%

Of course, the spreadsheet can format a fraction as a percentage, so the computation of the change can stop after 1 is subtracted from the ratio.

use the power rule  

( a b ) n = a n b n

to distribute the exponent.

apply the product rule to  

3 x 2 y 3 . ( 3 x 2 ) 2 ( y 3 ) 2

apply the product rule to  

3 x 2 . 3 2 ( x 2 ) 2 ( y 3 ) 2

raise  

3

to the power of  

2 . 9 ( x 2 ) 2 ( y 3 ) 2 multiply the exponents in   ( x 2 ) 2

.

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 2 ⋅ 2 ( y 3 ) 2

multiply  

2   by   2 . 9 x 4 ( y 3 ) 2

multiply the exponents in  

( y 3 ) 2 .

apply the power rule and multiply exponents,  

( a m ) n = a m n . 9 x 4 y 3

⋅

2

multiply  

3   by   2 . 9 x 4 y 6

step-by-step explanation:

351.23

step-by-step explanation: