Suppose that the consumer pric

timer Asked: Nov 19th, 2015

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Suppose that the consumer price index (CPI), which measures the cost of a typical package of consumer goods, stood at 1137.7 in 1990 and 157.7 in 2000. Let x=0 correspond to 1990, and estimate the CPI in 1994 and 2001. ( Assume that date can be modeled by a straight line). 

What would be the the first CPI and second CPI

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