Tests for an ideal index number, Mathematics

Assignment Help:

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.

 


Related Discussions:- Tests for an ideal index number

Simultaneous equations with two or more than two variables, Method to solve...

Method to solve Simultaneous Equations with two or more than two variables Method  Above we have seen equations wherein we are required to find the value of the

I need help, in 2000,nearly 18% of cars in north America were sliver. what ...

in 2000,nearly 18% of cars in north America were sliver. what percent of the cars sold were not sliver?

Area of a circle, How do you find the area of a circle given the diameter?

How do you find the area of a circle given the diameter?

The median- graphical method -progression , The median - it is a stati...

The median - it is a statistical value which is usually located at the center of a given set of data that has been organized in the order of size or magnitude as illustrating,

each player selects one of her two remaining chips , Consider the followin...

Consider the following parlor game to be played between two players. Each player begins with three chips: one red, one white, and one blue. Each chip can be used only once. To beg

Critical point of exponential functions and trig functions, Critical point ...

Critical point of exponential functions and trig functions, Let's see some examples that don't just involve powers of x. Example:  find out all the critical points for the

Determine dy & dy if y = cos ( x2 + 1) - x, Determine dy & Δy  if y = cos ...

Determine dy & Δy  if y = cos ( x 2 + 1) - x as x changes from x = 2 to x = 2.03 .  Solution Firstly let's deetrmine actual the change in y, Δy . Δy = cos (( 2.03) 2

Parseval theorem, Verify the Parseval theorem for the discrete-time signal ...

Verify the Parseval theorem for the discrete-time signal x(n) and its DFT from given equations. Compute the linear convolution of the discrete-time signal x(n) ={3, 2, 2,1} and

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