The index of industrial production, Mathematics

Assignment Help:

The index of industrial production

This is a quantity index compiled by the government. This measures changes in the volume of production in main industries. The index is a excellent indication of the state of national economy.

This covers the given major industries in the UK

i.  Quarrying and Mining

ii.  Manufacturing as like food, tobacco and drinks, chemicals, and metal manufacture, engineering.

iii. Construction

iv. Textile

v. Gas electricity, water and so on.

This excludes agriculture, trade, fishing, finance, transport and other such industries.

All industries order is described a weighting. The weighting is based upon average per month production in each industry in a fixed base year. This described each item its relative significance amongst all other items and hence gives a better estimate of the index for comparison reasons.

 


Related Discussions:- The index of industrial production

Difererntial equation, Ask queFind the normalized differential equation whi...

Ask queFind the normalized differential equation which has {x, xex} as its fundamental setstion #Minimum 100 words accepted#

MATH, I don''t understand so what is 3 (8-x);24-15

I don''t understand so what is 3 (8-x);24-15

Differentiate functions h (t ) = 2t5 + t2- 5 / t2 , Differentiate f...

Differentiate following functions.                       h (t ) = 2t 5 + t 2 - 5 / t 2 We can simplify this rational expression as follows.                       h (t )

Derivatives of inverse trig function, Derivatives of Inverse Trig Functions...

Derivatives of Inverse Trig Functions : Now, we will look at the derivatives of the inverse trig functions. To derive the derivatives of inverse trig functions we'll required t

Ellipse, different types of ellipse

different types of ellipse

Lesson 6 Homework Practice, For every girl taking classes at the martial ar...

For every girl taking classes at the martial arts school there are 3 boys who are taking classes at the school. If there are 236 students taking classes write and solve a proportio

Find the slope of a line given two points on it, Finding the Slope of a Lin...

Finding the Slope of a Line, Given Two Points on it ? Find the slope of the line passing through the pairs of points (-5, -2) and (2, 4). One way to find the slope is

Arithmetic progressions, ARITHMETIC PROGRESSIONS: One  of the  endlessly a...

ARITHMETIC PROGRESSIONS: One  of the  endlessly alluring  aspects  of mathematics  is  that its thorniest  paradoxes have  a  way  of blooming  into  beautiful  theories Examp

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd