Assignment:
Compute a simple index for the number of employees for GE. Use 2000 as the base period. What can you conclude about the change in the number of employees over the period?
Revenue Employees
Year ($ million) (000)
2000 130,385 90.0
2001 126,416 91.0
2002 132,210 96.0
2003 134,187 87.0
2004 152,363 80.0
Provide complete and step by step solution for the question and show calculations and use formulas.