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Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
11 Oct 2023, 09:31
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Data Insights (DI) Butler 2023-24 [Question #37, Date: Oct-12-2023] [Click here for Details]
The Following Table shows in the Consumer Price Index for consumers in urban areas with populations greater than 1.5 million.| Annual (Oct. 2011 to Oct. 2012) | 2-Month (Aug. 2012 to Oct. 2012) | Monthly (Sep. 2012 to Oct. 2012) | Annual (Sep. 2011 to Sep. 2012) | 2-Month (Jul. 2012 to Sep. 20212) | Monthly (Aug. 2011 to Sep. 2012) | |
|---|---|---|---|---|---|---|
| Northeast | 1.8 | 0.4 | 0 | 1.7 | 1 | 0.4 |
| Midwest | 2.1 | 0.1 | —0.3 | 1.9 | 1 | 0.4 |
| South | 2.2 | 0.2 | —0.4 | 2.2 | 1.2 | 0.5 |
| West | 2.8 | 1 | 0.5 | 2.3 | 1 | 0.5 |
Consider each of the following statements. For each statement, indicate whether the statement is true or false, based on the information provided in the table.
Question #1 based on the same table is available here
13 Oct 2023, 03:53
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1) The region with the smallest annual percent change from October 2011 to October 2012 - North West - a change of 1.8
The region with greatest annual change from September 2011 to September 2012 - West - a change of 2.3
Ans - False
2)The median percent change for the four regions from August 2012 to October 2012 - arrange the numbers in ascending order and then find the median it comes out to be 0.3
The median percent change from August 2012* (I think it should be 2011 as there is no mention about August 2012 to September 2012) to September 2012 - 0.45
Difference - 0.15
The region with greatest annual change from September 2011 to September 2012 - West - a change of 2.3
Ans - False
2)The median percent change for the four regions from August 2012 to October 2012 - arrange the numbers in ascending order and then find the median it comes out to be 0.3
The median percent change from August 2012* (I think it should be 2011 as there is no mention about August 2012 to September 2012) to September 2012 - 0.45
Difference - 0.15
24 May 2024, 07:57
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The 2nd part of question requires data from Aug 2012 to Sept 2012, and on calculation the answer comes to .2 not .15, please help
