The staff of Mr. Wayne Wertz, VP of Operations at Portland Peoples Bank, prepared a frequency histogram of waiting time for walk
2 answers:
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Answer:
Option B. 1990 - 1992
Step-by-step explanation:
If we have to calculate inflation rate in year 2000 from 1990, we use the formula
which means if consumer price index is increasing year by year the inflation rate will increase.
Now we analyse our options given with the help of graph given.
A. from 1994 - 2000
Consumer price index increased from year 1994 to 1998 but decreased between 1998 to 2000.
So this option doesn't show the continuous inflation.
B. Year 1990 - 1992
We find a continuous increase in C.P.I. therefore there will be a continuous increase in inflation.
So this option is correct.
C. Year 1992 - 1996
In this gap we see deflation from year 1992 to 1994 then inflation between 1994 - 1996.
So there is ups and downs in this period showing discontinuity in inflation.
D. 1992 - 1994
There is continuous decrease in C.P.I. so continuous deflation is reported between this period.
It's not the correct option.
Answer is Option B.