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Retail price index
This is weighted average of price relatives based on an average household in the base year. The items consumed are divided into groups as liker food, transport, housing, alcoholic drinks, fuel, footwear, light, water, services household goods, e.t.c. all item involved in the index is described a weighting and a price relative to the base is calculated. Modified form of laspeyre's price index formula is utilized as a weighted arithmetic mean (a.m.) of price relatives.
Retail Price index
The index is utilized by the Government as a guide in finding the minimum wages, pension rates unemployed benefits in UK. Trade unions employ, it as a basis for their wages claims.
a company''s advertising expenditures average $5,000 per month. Current sales are $29,000 and the saturation sales level is estimated at $42,000. The sales-response constant is $2,
Consider the function f(x) = x 2 - 2x - 1. (a) Factorise f(x) exactly. (b) Find the exact points (x and y coordinates required) where the graph of y = f(x) cuts the x and y-
who discovered unitary method
Which of the subsequent numbers will yield a number larger than 23.4 while it is multiplied by 23.4? When multiplying through a number less than 1, you get a product in which i
i have this data 48 degree, 72 degree, 43.2degree, 24degree , 40.8degree on this make a pie chart
In a two dimensional case, the form of the linear function can be obtained if we know the co-ordinates of two points on the straight line. Suppose x' and x" are two
x+3=2
reflection about index number in a creative way
Assume Jim had executed 15 "Splits" before his last split of 20 seconds. If his eventual time in the road race is 4:05, what was the average time for one of his earlier splits?
Find the value of x if 2x + 1, x 2 + x +1, 3 x 2 - 3 x +3 are consecutive terms of an AP. Ans: a 2 -a 1 = a 3 -a 2 ⇒ x 2 + x + 1-2 x - 1 = 3x 2 - 3x + 3- x
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