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What is Chain Based Index Numbers?
A box contains 12 balls out of which x are black .if one ball is drawn at random from the box what is the probability that it will be a black ball ? If 6 more black balls are pu
Example of Partial Fraction Decomposition Evaluate the following integral. ∫ (3x+11 / x 2 -x-6) (dx) Solution: The 1 st step is to factor the denominator so far as
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solutions for the equation a-b=5
Bonnie has twice as many cousins as Robert. George has 5 cousins, which is 11 less than Bonnie has. How many cousins does Robert have? Work backwards to find the solution. Geor
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detail on identity function
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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