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

Solve 5x tan (8x ) =3x trig function, Solve 5x tan (8x ) =3x . Solution...

Solve 5x tan (8x ) =3x . Solution : Firstly, before we even begin solving we have to make one thing clear.  DO NOT CANCEL AN x FROM BOTH SIDES!!! Whereas this may appear like

Determine the optimal strategy, On a picnic outing, 2 two-person teams are ...

On a picnic outing, 2 two-person teams are playing hide-and-seek. There are four hiding locations (A, B, C, and D), and the two peoples of the hiding team can hideseparately in any

John 47 out of 86 free-throws who best free-throw shooter, Michael made 19 ...

Michael made 19 out of 30 free-throws this basketball season. Larry's freethrow average was 0.745 and Charles' was 0.81. John made 47 out of 86 free-throws. Who is the best free-th

Relation between hieght, volume=(1/3)(pi)(radius of base)2(height) curved ...

volume=(1/3)(pi)(radius of base)2(height) curved surface area=(pi)(r)(l), r is radius of base and l is length of straight line connecting apex of cone with point on edge of base

Geomartry, how to find volume of a cone in cubic units when the radius is 5...

how to find volume of a cone in cubic units when the radius is 5 and height is 11

Rita, Calculate 50%

Calculate 50%

Explain equation, Equation s(in Tth second)=u+at-a/2 seems to be dimensiona...

Equation s(in Tth second)=u+at-a/2 seems to be dimensionally incorrect.why?

Solve factors for given equations, 1/a+b+x  =1/a+1/b+1/x    a+b ≠ 0 ...

1/a+b+x  =1/a+1/b+1/x    a+b ≠ 0 Ans: 1/a+b+x  =1/a+1/b+1/x => 1/a+b+x -1/x = +1/a +1/b ⇒  x - ( a + b + x )/ x ( a + b + x )   = + a + b/ ab ⇒

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