Business The Consumer Price Index (CPI) tracks that cost of a typical sample of consumer goods. The following table shows the percentage increase in the CPI for the year in a 10-year period.*
Year | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 |
% Increase in CPI | 1.6 | 2.2 | 3.4 | 2.8 | 1.6 | 2.3 | 2.7 | 2.5 | 3.2 | 4.1 |
Let r denote the yearly percentage increase in the CPI. The following inequalities, find the number of year daring the given period that r satisfied the inequality.
r ≥ 3
*U.S. Bureau of Labor Statistics.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.