September 5, 2013
Exercise #3, described below, is due in class on Tue, Sep 10th.
1. Complete Problems 2.30, 2.31, 2.32, and 2.33 on p 43-44
2. Use the black_7e_excel_database to complete the following.
- Use graphical analysis to estimate the retail price of gasoline assuming a per-barrel spot price of $200.
- Use graphical analysis to estimate average annual household food expenditures in Pueblo County.
- Present appropriate graphs to support your estimates.