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Tests for an Ideal Index Number
1. Factor Reversal Test
Factor Reversal Test indicates that when the price index is multiplied along with a quantity index that is factors are reversed, it should result in the value index.
2. The time reversal test
If we reverse the time subscripts of a quantity or price index, the result must be reciprocal of the original index.
larry spends 3/4 hours twice a day walking and playing with his dog. He spends 1/6 hours twice a day feeding his dog. how much time does larry spend on his dog each day?
what is the trignomatry ratio
Let f : R 3 → R be de?ned by: f(x, y, z) = xy 2 + x 3 z 4 + y 5 z 6 a) Compute ~ ∇f(x, y, z) , and evaluate ~ ∇f(2, 1, 1) . b) Brie?y
Can you help me with what goes into 54
How much greater is 0.0543 than 0.002? To ?nd out how much greater a number is, you required to subtract; 0.0543 - 0.002 = 0.0523. For subtract decimals and line the numbers up
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1) Identify key characteristics of product or services and estimate their significance to the market 2) Identify and analyse level of customer service provision to determine its si
how to know if it is function and if is relation
Find the normalized differential equation which has {x, xex} as its fundamental set
case 2:when center is not known proof
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