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What is Chain Based Index Numbers?
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
At an office, the manager earns 40% more than a first year employees. The employee earns what fraction of the manager earnings?
Example of Regression Equation An investment company advertised the sale of pieces of land at different prices. The given table shows the pieces of land their costs and acreag
A company is setting up an assembly line to produce 100 units/hour. The table shown below identifies the work elements, times, and immediate predecessors. a) What cycle tim
The sum of areas of two squares is 468m 2 If the difference of their perimeters is 24cm, find the sides of the two squares. Ans: Let the side of the larger square be x .
Q. Definition of Logarithms? Ans. A logarithm to the base a of a number x is the power to which a is raised to get x. In equation format: If x = a y , then log a x
How do I do a two-step problem?
a sail has a spread of canvas as measured 12'',12'', 15'' and 9'' and it has 90 degrees. Find the area of one side of the sail
What are some equations for 36?
The area of a rectangular yard is 480 square feet. The yard is 24 feet wide. How many feet do I need to fence all four sides?
If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5. What is the value of x? The statement, "If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5,
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