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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.
L'Hospital's Rule Assume that we have one of the given cases, where a is any real number, infinity or negative infinity. In these cases we have, Therefore, L'H
log2(x^2)=(log2(x))2
draw a line OX=10CM and construct an angle xoy = 60. (b)bisect the angle xoy and mark a point A on the bisector so that OA = 7cm
all properties, formulas of infinite series
A medical survey was conducted in order to establish the proportion of the population which was infected along with cancer. The results indicated that 40 percent of the population
Describe differance between Mean vs. Mode ? Every set of numbers or data has a mean and a mode value. The mean is the average value of all the numbers in the set. The mode is t
Consider the equation e x 3 + x 2 - x - 6 = 0, e > 0 (1) 1. Apply a naive regular perturbation of the form do derive a three-term approximation to the solutions
Example of Word problem: There is a man who is 21 years older than his son. 5 years ago he was four times as old as his son. How older are both now? Solution: Step 1
Decision making under uncertainty Various methods are used to make decision in circumstances whereas only the pay offs are identified and the likelihood of every state of natur
equivalent decimal for 25%
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