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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.
A long distance calls costs x cents for the first minute and y cents for every additional minute. How much would a 5-minute call cost? The cost of the call is x cents plus y ti
Determine or find out the area of the inner loop of r = 2 + 4 cosθ. Solution We can graphed this function back while we first started looking at polar coordinates. For thi
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The Fourier series expansion for the periodic function, f ( t ) = |sin t | is defined in its fundamental interval. Taking π = 3.142, calculate the Fourier cosine series app
What is the ratio of the areas of sectors I and II ? (Ans:4:5) Ans: Ratio will be 120/360 Π r 2 : 150/360 Π r 2 4/12 : 5/12 =
Sample of Timing and Cost
4532087*65435679=?
How many times can 3 go into 4?
y'' + 2y = 2 - e-4t, y(0) = 1 use euler''s method with a step size of 0.2 to find and approximate values of y
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