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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.
Three quantities a, b and c are said to be in harmonic progression if, In this case we observe that we have to consider three terms in o
if oranges are bought at the rate of 11 for rupees 10 and are sold at the rate of 10 for rupees 11, find the profit percent
Let {An} be sequence of real numbers. Define a set S by: S={i ? N : for all j > i, ai
Evolve a game to help children remember basic multiplication facts. In this section we have looked at ways of helping children absorb some simple multiplication facts. But what
F(x)=2x+3
Children Learn From Each Other : The other day I had gone to a, nearby school to observe the teacher-children interaction. The children were working on a problem that the teacher
A jet flew at an average speed of 480mph from Point X to Point Y. Because of head winds, the jet averaged only 440mph on the return trip, and the return trip took 25 minutes longer
Project part A, part B, part C
The height of a rectangle is 20 cm. The diagonal is 8 cm more than the length. Determine the length of the rectangle. a. 20 b. 23 c. 22 d. 21 d. To determine the len
The Fisher's index The index of Fisher acts as a compromise between Paasche' index and Laspeyre's index. This is calculated as a geometric mean of the two indexes.
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