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What is Chain Based Index Numbers?
Q. How to calculate arithmetic average or mean? Ans. When people collect information, or data, they can easily be overwhelmed with information. Just imagine listing the b
Table shows the productivity for the countries Pin and Pang. 1) If the working population of Pin and Pang are both 6 million, divided equally between the two industries in
degree of a diffrential equation
how many words can be formed from letters of word daughter such that each word contain 2vowles and 3consonant
The following relation is not a function. {(6,10) ( -7, 3) (0, 4) (6, -4)} Solution Don't worry regarding where this relation came from. It is only on
x^2-5x+4 can written in roots as (x-1)*(x-4) x^2-4 can be written interms of (x-2)(x+2).so [(x-1)(x-4)/(x-2)(x+2)]
Conditional probability - Rules of Probability This is the probability associated with combinations of events but given that some prior result has already been achieved with o
1) At a midway game at the state fair, the probability of winning an individual game is advertised to be 30% ( p = . 3). Suppose 50 people played the game (assume all 50 outcomes
An experiment designed to test the potency of a drug on 20 rats. Last animal studies have shown that a 10 mg dose of the drug is lethal 5% of the time within the first 4 hours; of
The Fisher's index The index of Fisher acts as a compromise between Paasche' index and Laspeyre's index. This is calculated as a geometric mean of the two indexes.
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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