QuestionEstimate the CPI for 2012 and 2014 using a linear model based on values 212.2 (2011) and 237.4 (2016).

Studdy Solution
Calculate the estimated CPI in201.
$$y =5.04 \cdot +157.76 =227.32$$The estimated CPI in2012 is217.2 and in201 is227.32.