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What is Chain Based Index Numbers?
One integer is two more than another. The sum of the lesser integer and double the greater is 7. What is the greater integer? Let x = the greater integer and y = the lesser int
A 64-ounce bottle of detergent costs $3.20. What is the cost per ounce of detergent? To ?nd out the cost per ounce, divide the cost through the number of ounces; $3.20 ÷ 64 =
A right triangular prism has volume equal to 288 cm^3. The height of the prism is 3 cm. One of the bases of the triangular face (not the hypotenuse) is equal to 12 cm, determine th
Bikes are on sale for 30% off the original price. What percent of the original price will the customer pay if he gets the bike at the sale price? The original price of the bike
A business has the opportunity to expand by purchasing a machine at a cost of £80,000. The machine has an estimated life of 5 years and is projected to generate a cashflow of £20,0
The area enclosed between two concentric circles is 770cm 2 . If the radius of the outer circle is 21cm, find the radius of the inner circle. (Ans :14cm) Ans: Π R 2 - Π r 2 =
Magnitude - Vector The magnitude, or length, of the vector v → = (a1, a2, a3) is given by, ||v → || = √(a 1 2 + a 2 2 + a 2 3 ) Example of Magnitude Illus
Complex numbers from the eigenvector and the eigenvalue. Example1 : Solve the following IVP. We first require the eigenvalues and eigenvectors for the given matrix.
3.6 in a fraction
Root Test- Sequences and Series This is the final test for series convergence that we're going to be searching for at. Like with the Ratio Test this test will as well tell wh
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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