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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.
differentiate x to the power 3
Brian is a real estate agent. He forms a 2.5% commission on each sale. During the month of June he sold three houses. The houses sold for $153,000, $299,000, and $121,000. What was
how it solved
Q. Assume a birthday is equally likely to occur in each of the 365 days. In a group of 30 people, what is the probability that no two have birthdays on the same day? Solution:
marks frequency 0-9 8 10-19 10 20-29 14 30-39 28 40-49 46 50-59 25 60-69 17 70-79 9 80-89 2 90-99 1 (
x=-3(y-2)^2+4
how to find the sum of the measure of the interior angles of each convex polygon
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
Question 1: (a) Show that, for all sets A, B and C, (i) (A ∩ B) c = A c ∩B c . (ii) A ∪ (B ∩ C) = (A ∪ B) ∩ (A ∪ C). (iii) A - (B ∪ C) = (A - B) ∩ (A - C).
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-
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