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What is Chain Based Index Numbers?
Grouped Data For grouped data of a paired population where, f is the
Peter was 60 inches tall on his thirteenth birthday. By the time he turned 15, his height had increased 15%. How tall was Peter when he turned 15? Find 15% of 60 inches and add
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Implicit Differentiation : To this instance we've done quite a few derivatives, however they have all been derivatives of function of the form y = f ( x ) . Unluckily not all
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Example of Graphing Equations: Example: By using the above figure, find out the distance traveled if the average speed is 20 mph and the time traveled is 40 minutes. T
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A chain based index is one whereas the index is calculated every year by using the previous year as the base year. This kind of index measures rate of change from year to year. This method is appropriate where weights are changing rapidly and items are constantly being brought into the index and unwanted items taken out. This can be a quantity or price index.
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