Calculate the buy power index

Feb 3rd, 2012
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The document illustrates in details how to use the survey data to calculate the BPI for the Census Tract Areas and construct A Custom buy power index (BPI).

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QDM Packet: Construct A Custom BPI Directions:Using the information provided on both pages, calculate theBPI for the following Census Tract Areas.Customized BPI Census Demographic Economic DistributionCity Tract Factor Factor Factor BPI 1. Sultan538.02(.2 x 0.001935) + (.5 x 0.002464) + (.3 x 0.0009578) = 0.0019062. Granite Falls536.01(.2 x 0.00316) + (.5 x 0.00339) + (.3 x 0.001387) = 0.0027433. Arlington535.04(.2 x 0.00204 ) + (.5 x 0.00229) + (.3 x 0.007524) = 0.0038104. Stanwood533.01(.2 x 0.00191) + (.5 x 0.002565) + (.3 x 0.004425) = 0.0029925. Darrington537.00(.2 x 0.00112) + (.5 x 0.001482) + (.3 x 0.0004093) = 0.001088Age DistributionTotal Snohomish County Population: 706,959(Tract Population x TM% = TM Population County Populatio

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