Tests for an ideal index number, Mathematics

Tests for an Ideal Index Number

1. Factor Reversal Test

Factor Reversal Test indicates that when the price index is multiplied along with a quantity index that is factors are reversed, it should result in the value index.

2. The time reversal test

If we reverse the time subscripts of a quantity or price index, the result must be reciprocal of the original index.


Posted Date: 2/18/2013 4:43:29 AM | Location : United States

Related Discussions:- Tests for an ideal index number, Assignment Help, Ask Question on Tests for an ideal index number, Get Answer, Expert's Help, Tests for an ideal index number Discussions

Write discussion on Tests for an ideal index number
Your posts are moderated
Related Questions
What is Matrices?

Conditional probability - Rules of Probability This is the probability associated with combinations of events but given that some prior result has already been achieved with o

Sketch the graph of                          y = ( x -1) 2  - 4 . Solution Now, it is a parabola .Though, we haven't gotten that far yet and thus we will have to select

The hypotenuse of a right triangle is 20m. If the difference between the length of the other sides is 4m. Find the sides. Ans: APQ x 2 + y 2 = 202 x 2  + y 2 = 400

OTHER WAYS TO AID LEARNING :  Here we shall pay particular attention to the need for repetition, learning from other children, and utilising errors for learning.

can you help me with entrance exam for university ? i really need help so quick

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

#The digits 1,2,3,4and 5 are arranged in random order,to form a five-digit number. Find the probability that the number is a. an odd number. b.less than 23,000

solve the recurrence relation an=2an-1+n, a0=1