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Time Period Housing roft Chapl 2 Practice prob) Jul 2003 170.0 Aug 163.8 Sep 171.3 Oct a. Use Excel to calculate a simple housing index for every...
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TimePeriodHousingroft Chapl 2 Practice prob)Jul 2003170.0Aug163.8Sep171.3Octa. Use Excel to calculate a simple housing index for every month. Jul2003 - Dec2005.4173.5Use Jul2003 as the base.Now5153.7Decfintermediate check value: Dec 2005 Housing Index = $2.4)6144.2Jan 20047124.5Feb8126.4b. Comment on the trend in the Housing Index from Jul 2003 to Dec 2005.Mar173.8Explain the meaning of your Dec2005 index value.Apr10179.5May11187.6Jun12172.3Jul13182 0Aug14185.9Sep15164.0Oct16161.3Nov17138. 1Dec18140.2Jan 200519142.9Feb20149.1Mar21156.2Apr22184.6May23197.9Jun24192 8Jul25187.6Aug26192 0Sep27187.9Oct28180.4Nov29160.7Dec30140.0