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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.
Solve : 4x2+2x+3=0 Ans) x^2 + (1/2)x = -(3/4) (x+1/4)^2 = 1/16 - 3/4 = -11/16 implies x = (-1+i(11)^(1/2))/4 and its conjugate.
Average cost function : Now let's turn our attention to the average cost function. If C ( x ) is the cost function for some of the item then the average cost function is,
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1+3i/2+3i standard form
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Brent covered 3 1/5 by a number and got 4 1/2 what number dis he divide by? The answer is either 1 9/16, or 32/45. Which one is the answer, and how did you get it?
Now we take up combinations and its related concepts. Combinations are defined as each of the groups or selections which can be made by taking some or all of the
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