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What is Chain Based Index Numbers?
state tha different types of models used in operations research.
Case 1: Suppose we are given expressions like 3abc and 7abc and asked to compute their sum. If this is the case we should not worry much. Because adding like exp
Ribbon is wrapped around a rectangular box that is 10 by 8 by 4 in. Using the example provided, calculate how much ribbon is needed to wrap the box. consider the amount of ribbon d
Determine the equation of the plane that consists of the points P = (1, -2, 0), Q = (3, 1, 4) and R = (0, -1, 2). Solution To write down the equation of plane there is a re
Mathematical Formulae (a + b) 2 = a 2 + b 2 + 2ab (a - b) 2 = a 2 + b 2 - 2ab (a + b) 2 +
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Define symmetric, asymmetric and antisymmetric relations. Ans: Symmetric Relation A relation R illustrated on a set A is said to be a symmetric relation if for any x,
The Hurwiz method Hurwiz method was the concept of coefficient of optimism or pessimism introduced by L. Hurwicz. The decision maker takes into account both the minimum and max
Give the introduction about Graphing? Somebody tells you that x = 5 and y = 3. "What does it all mean?!" you shout. Well here's a picture: This picture is what's call
We require to check the derivative thus let's use v = 60. Plugging it in (2) provides the slope of the tangent line as -1.96, or negative. Thus, for all values of v > 50 we will ha
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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