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Consider the values for the CPI years below: 2008 the value was 215.303 2009 the value was 214.537 Calculate the absolute change for the CPI from 2008 to 2009.

Respuesta :

MrRoyal

Answer:

[tex]Absolute\ Change = -0.766[/tex]

Step-by-step explanation:

Given

[tex]2008\ CPI = 215.303[/tex]

[tex]2009\ CPI = 214.537[/tex]

Required

Determine the absolute change

Absolute change is calculated as thus:

[tex]Absolute\ Change = 2009\ CPI - 2008\ CPI[/tex]

[tex]Absolute\ Change = 214.537 - 215.303[/tex]

[tex]Absolute\ Change = -0.766[/tex]

Hence:

The absolute change from 2008 to 2009 is -0.766

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