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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.
A card is chosen at random from a pack of playing cards.what is d probability that it is either a heart or the queen of spades
(x+y+1)dy/dx=1
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When I complete each of the three methods, should I get the same x and y values?
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if HCFof 657 and 963 is expressable in the form of 657x+963x-15findx
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