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What is Chain Based Index Numbers?
Define regression. The main reason of curve fitting is to estimate one of the variables (the dependent variable) from the other (the independent variable). The procedure of est
Marvin is helping his teachers plan a ?eld trip. There are 125 people going on the ?eld trip and each school bus holds 48 people. What is the minimum number of school buses they wi
Need help figuring perimeter and area.
Fundamental Theorem of Calculus, Part I If f(x) is continuous on [a,b] so, g(x) = a ∫ x f(t) dt is continuous on [a,b] and this is differentiable on (a, b) and as,
Example Find the values of the given expressions. Also given that a = 2, b = 3, c = 1, and x = 2. 8a + 5bc = 8.2
Solve the subsequent proportion: Example: Solve the subsequent proportion for x. Solution: 5:x = 4:15 The product of the extremes is (5)(15) = 75. The produ
Interpretations of Definite Integral There are some quick interpretations of the definite integral which we can give here. Firstly, one possible interpretation of the defini
Find the second derivative of the below given equation Y= e x cosx
Example of Cartesian coordinate Graph: Example: The temperature of water flowing in a high pressure line was measured at regular intervals. Plot the subsequent recorded da
If 3200 sweets cost 30 US Dollars how much will 13,500 sweets cost ?
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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