Tests for an ideal index number, Mathematics

Assignment Help:

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.

 


Related Discussions:- Tests for an ideal index number

Determine the length of the field, A rectangular field is to be fenced in c...

A rectangular field is to be fenced in completely. The width is given as 22 yd and the total area is 990 yd 2 . Determine the length of the field? a. 31 yd b. 45 yd c. 968

Calculate area of a square, The area of a square is given by the formula wi...

The area of a square is given by the formula width time's height. But since the square has all the sides equal, the height is of the same measure as its width. Hence its formula is

Trigonometry, how to change sin 24 degree in digits?

how to change sin 24 degree in digits?

Problem solving sequence: the operations, marianne took $100.00 to a store ...

marianne took $100.00 to a store that was holding a no-tax sale. she bought a shirt for $24.99, sandals for $18.50, shorts for $16.49, and a beach bag for $21.69. how much did she

Factoring out a common monomial factor, Factoring Out a Common Monomial Fac...

Factoring Out a Common Monomial Factor? Say you have a polynomial, like 3x 4 y - 9x 3 y + 12x 2 y2 z and you want to factor it. Your first step is always to look for t

Determine the nand gate, Find out the two inputs when the NAND gate output ...

Find out the two inputs when the NAND gate output will be low. Ans. The output of NAND gate will be low if the two inputs are 11. The Truth Table of NAND gate is shown

What is multiplying fractions, What is Multiplying Fractions ? The rule...

What is Multiplying Fractions ? The rule for multiplying fractions is to "multiply across": Multiply the numerators to get the numerator of the answer. Multiply the den

Solve the form x2 - bx - c in factoring polynomials, Solve The form x 2 -...

Solve The form x 2 - bx - c in  Factoring Polynomials ? This tutorial will help you factor quadratics that look something like this: x 2 - 11x - 12 (No lead coefficient

Alcohol solution (mixture), Nora works at a laboratory as a chemist . she w...

Nora works at a laboratory as a chemist . she was told to prepare 100L of 25% alcohol solution. she has on hand of a 15% percent alcohol solution and a 40% alcohol solution which s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd