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3. Suggest and discuss possible reasons for an item that has a large price difference.
2. Calculate price index and its composite index of year 2010 based on year 2009.
3. Suggest a suitable selling price of a butter cake in year 2010 and its reasons.
1
£ che expenditure of a project in year 2010 increases from year 2009 due to inflation. In
this situation the inflation occur maybe is caused by cost push. che price of raw material
of a product increase and this result in the increase of price of an output or a product.
PARc 1
( a ) Answer :
V
2
(c) Answer :
IІІ/IЅЎ x 100
= IІЅ/IЅЎ x IІІ
= 124.60
12
NAME :
ABDUL SALAM BIN AMIR
CLASS :
5 SCIENCE 4
IC NUMBER :
930228-14-5603
SUBJECT TEACHER :
CIK MARIAH BINTI ABDUL RAHMAN
KLANG
After doing research, answering questions, doing graphs and some problem
solving, I saw the usage of statistics is important in our daily life. It is not just
widely used in markets but also in interpreting the condition of the surrounding like
the air or the water. Especially in conducting an air-pollution survey. Statistics is a
daily life necessities. Without it, surveys cannot be conducted, the stock market
cannot be interpreted and many more.
In Part 1, I learnt to compare the price of items and choose item that has the lowest
price but same quality with the other. This is to avoid waste of money to buy that
particular item. We as consumer should