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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.
Definition of limit : Consider that the limit of f(x) is L as x approaches a & write this as provided we can make f(x) as close to L as we desire for all x adequately clos
Each week Jaime saves $25. How long will it take her to save $350? Divide $350 by $25; 350 ÷ 25 = 14 weeks.
INTRODUCTION : The other day I overheard 6-year-old Ahmed explaining to his older sister about why swallowing the seeds of an orange is harmful. He said, "The seed will become a p
Shirts numbered consecutively from 1 to 20 are worn by 20 members of a bowling league. While any three of these members are selected to be a team, the league aims to use the sum of
Expected Value For taking decisions under conditions of uncertainty, the concept of expected value of a random variable is used. The expected value is the mean of a probability
For queries Q 1 and Q 2 , we say Q 1 is contained in Q 2 , denoted Q 1 ⊆ Q 2 , iff Q 1 (D) ⊆ Q 2 (D) for every database D. The container problem for a fixed Query Q 0 i
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maths projects for class 11
What is the square root of -i and argument of -i Ans) argument of -i is 270 ad 1 is the square root of -i
Binomials, Trinomials and Polynomials which we have seen above are not the only type. We can have them in a single variable say 'x' and of the form x 2 + 4
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