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What is Chain Based Index Numbers?
1. A machine comprises of three transformers A, B and C. Such machine may operate if at least 2 transformers are working. The probability of each transformer working is given as di
UA and DU are preparing for the NCAA basketball game championship. They are setting up their strategies for the championship game. Assessing the strength of their "benches", each c
Mary has $2 in her pocket. She does yard work for four various neighbors and earns $3 per yard. She then spends $2 on a soda. How much money does she have left? This translates
Barbara is packing a wedding gift that is contained within a rectangular box 20 by 18 by 4 in. How much wrapping paper will she require? a. 512 in 2 b. 1,440 in 2 c. 1,0
What is the OPEC? - The Organization of the Petroleum Exporting Countries, a coordination group of petrol producers The Organization for Peace and Economic Cooperation, a German le
Q. Define Multiplication Rule in probability? Ans. A family has two girls, Ann and Barb, and three boys, Carl, David and Earl, in it. In how many ways can the mother pick
#quwhat is4 5/7 of 2/3estion..
Evaluate following limits. Solution: Let's begin this one off in the similar manner as the first part. Let's take the limit of each piece. This time note that since our l
Extended product rule : As a last topic let's note that the product rule can be extended to more than two functions, for instance. ( f g h )′ = f ′ gh + f g ′ h+ f g h′ ( f
A rescue and ?re squad places a 15 ft ladder against a burning building. If the ladder is 9 ft from the base of the building, how far up the building will the ladder reach? a. 8
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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