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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.
Theorem, from Definition of Derivative If f(x) is differentiable at x = a then f(x) is continuous at x =a. Proof : Since f(x) is differentiable at x = a we know, f'(a
a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle of radius 3.what is the area of the triangle.
successful marketing research relies on accurate identification of the research objectives. Critically discuss when setting relevant research objectives, drawing on marketing theor
Center and Radius 1)(x+2)^2-(y-3)^2=4
Determine the Probability From a pack of playing cards what is the probability of; (i) Picking either a 'Diamond' or a 'Heart' → mutually exclusive (ii) Picking either
1000 time 1000000
detail on identity function
A simple example of fraction would be a rational number of the form p/q, where q ≠ 0. In fractions also we come across different types of them. The two fractions
Level Curves or Contour Curves Another topic that we should look at is that of level curves or also known as contour curves. The level curves of the function z = f (x, y) are t
Determine all possible solutions to the subsequent IVP. y' = y ? y(0) = 0 Solution : First, see that this differential equation does NOT satisfy the conditions of the th
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