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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.
Proof of: ∫ f(x) + g(x) dx = ∫ f(x) dx + ∫g(x) dx It is also a very easy proof. Assume that F(x) is an anti-derivative of f(x) and that G(x) is an anti-derivative of
If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5. What is the value of x? The statement, "If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5,
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Find out the surface area of the solid acquired by rotating y = √ (9-x 2 ), - 2 x 2 about the x-axis. Solution The formula that we'll be using here is, S = ∫ 2Πyds
Q. Describe the Laws of Sines? Ans. Up to now we have dealt exclusively with right triangles. The Law of Sines and the Law of Cosines are used to solve oblique triangles
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Q. How to plot Line Graphs? Ans. Line graphs can be useful in analyzing data. They are particularly helpful when you are interpolating or extrapolating information from y
I have a question that hurts my head to work out. It is really confusing for me. It sais " By the start of the 21st century, only 1 in 6 babies in America was born with blue eyes.
Classifying critical points : Let's classify critical points as relative maximums, relative minimums or neither minimums or maximums. Fermat's Theorem told us that all relative
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