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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.
Q. Explain Binomial Distribution? Ans. The binomial distribution occurs when you are considering the probability function of a binomial experiment. Binomial Experiment
We'll include this section with the definition of the radical. If n is a +ve integer that is greater than one and a is a real number then, Where n is termed as the index,
Solve the inequality |x - 1| + |x - 2|≤ 3. Working Rule: First of all measure the expression to zero whose modulus happens in the given inequation and from this search the va
approximate value is the precise or the accurate value which is measured to the actual value.., approximation is how close the measured value is to the actual value , for example
The geometric mean Merits i. This makes use of all the values described except while x = 0 or negative ii. This is the best measure for industrial increase rates
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whta are the formulas needed for proving in trignometry .
There are only Chinese and Malay pupils in a hall.The ratio of the number of boys to the number of girls is 2:3.The ratio of the number of Chinese boys to the number of Malay boys
Solving Trig Equations with Calculators, Part II : Since this document is also being prepared for viewing on the web we split this section into two parts to keep the size of the
Find the volume of a cylinder of radius r and height h. Solution : Here, as we mentioned before starting this illustration we actually don't require using an integral to get t
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