The price series at the end of the year from 2013 to 2015 is given as follow: $25,000, $30,000, $36,000.
• a. Calculate the index numbers using 2014 as the base year.
• b. If the inflation rate in 2014 and 2015 are 2% and 3%
respectively, what is the real price in 2013 adjusted for the base year
2014? what is the real price in 2015 adjusted for the base year 2014?

Exclude leap years from the following calculations. (a) compute the probability that a randomly selected person does not have a birthday on october 4. (type an integer or a decimal rounded to three decimal places as needed.) (b) compute the probability that a randomly selected person does not have a birthday on the 1st day of a month. (type an integer or a decimal rounded to three decimal places as needed.) (c) compute the probability that a randomly selected person does not have a birthday on the 30th day of a month. (type an integer or a decimal rounded to three decimal places as needed.) (d) compute the probability that a randomly selected person was not born in january. (type an integer or a decimal rounded to three decimal places as needed.)