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

Tangents with polar coordinates - parametric equations, Tangents with Polar...

Tangents with Polar Coordinates Here we now require to discuss some calculus topics in terms of polar coordinates. We will begin with finding tangent lines to polar curves.

Determines the possibility, There is a committee to be selected comprising ...

There is a committee to be selected comprising of 5 people from a group of 5 men and 6 women. Whether the selection is randomly done then determines the possibility of having the g

Shares and dividends, A man invests rs.10400 in 6%shares at rs.104 and rs.1...

A man invests rs.10400 in 6%shares at rs.104 and rs.11440 in 10.4% shares at rs.143.How much income would he get in all?

Matrices, find inverse of [1 2 3 2 4 5 3 5 6]

find inverse of [1 2 3 2 4 5 3 5 6]

Monotonic, Monotonic, Upper bound and lower bound Given any sequence {a...

Monotonic, Upper bound and lower bound Given any sequence {a n } we have the following terminology: 1.   We call or denote the sequence increasing if a n n+1 for every n.

Disjointed sets or mutually exclusive, Disjointed Sets or Mutually Exclusiv...

Disjointed Sets or Mutually Exclusive Two sets are said to be mutually or disjointed exclusive whether they have no elements in common. Sets P and R underneath are disjointed

External division of section formula, give me the derivation of external di...

give me the derivation of external division of sectional formula using vectors

Probability, I have a question that hurts my head to work out. It is really...

I have a question that hurts my head to work out. It is really confusing for me. It sais " By the start of the 21st century, only 1 in 6 babies in America was born with blue eyes.

Write down the first few terms of the sequences, Write down the first few t...

Write down the first few terms of each of the subsequent sequences. 1. {n+1 / n 2 } ∞ n=1 2. {(-1)n+1 / 2n} ∞ n=0 3. {bn} ∞ n=1, where bn = nth digit of ? So

The multiplication algorithm, THE MULTIPLICATION ALGORITHM :  Some Class 3...

THE MULTIPLICATION ALGORITHM :  Some Class 3 children in a nearby school had been taught the standard multiplication. Algorithm, and had even done reasonably well in the tests bas

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