MAT 144 Major Assignment 2

Grading Sheet

Part 1
Requirements: Answer each question fully. Use Excel formulas with cell references. Answers must be recorded on the worksheet.
Possible points	Points earned	Comments
Five year inflation rate	10
Projection of expenses in Worksheet 1	10
Part 1 total	20	0
Part 2
Requirements: Answer each question fully. Use Excel formulas with cell references. Answers must be recorded on the worksheet.
Possible points	Points earned	Comments
Descriptive Statistics	16
Interpret Descriptive Statistics	14
Proportion calculations	10
Interpretation of proportions	10
Conversion of before well	5
Conversion of after well	5
Improvement level data set	5
Descriptive Statistics for improvement levels	10
Histogram	5
Standard error of the mean	5
Confidence interval	10
Discussion of the placement of 0	10
Part 2 total	105	0
Total of Worksheet 2	125	0	0%

Part 1 Inflation

Input your name here
name
You should just use information from Major Assignment 2, but if you want to retrieve fresh CPI data, here are the instrructions again. Step 1: Go to the Bureau of Labor Statistics website at the link below. Step 2: Check U.S. All items, 1982-84=100 Step 3: Click “Retrieve Data” Use the most recent CPI value and the CPI for the same month but five years earlier to estimate the price of your trip in five years and the five year inflation rate.
Month	Year	CPI
Unadjusted CPI, all items for 5 years ago	number	number	number
Unadjusted CPI, all items for last month	number	number	number
What is the 5 year inflation rate, that is percent increase in your CPI values?	formula
If something cost $1.00 five years ago, what would it cost now?	formula
Total budget from Worksheet 1	number
5 year projected budget total	formula	CPI Data Link
Like Topic 4 DQ 1

https://data.bls.gov/cgi-bin/surveymost?cu

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