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What is Chain Based Index Numbers?
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A jar contains 54 marbles each of which is blue , green or white. The probability of selecting a blue marble at random from the jar is 1/3 and the probability of selecting a green
det(adj A)for 1*1 matrix
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Circles - Common Polar Coordinate Graphs Let us come across at the equations of circles in polar coordinates. 1. r = a . This equation is saying that there is no matter
Suppose that the number of hours Katie spent practicing soccer is represented through x. Michael practiced 4 hours more than 2 times the number of hours that Katie practiced. How l
Derivatives of Exponential and Logarithm Functions : The next set of functions which we desire to take a look at are exponential & logarithm functions. The most common exponentia
Series - Special Series In this part we are going to take a concise look at three special series. In fact, special may not be the correct term. All three have been named th
Learning geometric progression vis-á-vis arithmetic progression should make it easier. In geometric progression also we denote the first t
What is a Complement of a set?
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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