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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
Identify the flaw in the following argument which supposedly determines that n 2 is even when n is an even integer. As well name the reasoning: Assume that n 2 is
/100*4500/12
An insurance company/organization takes a keen interest in the age at which a person is insured. Thus a survey conducted on prospective clients indicated that for clients having th
Explain what are the Rules for solving linear in-equations?
a mixture of 40 liters of milk and water contains 10% water.how much water should be added to this so that water my be 20% in the new mixture
PROVE THAT 2 IS IRRATIONAL
A business has the opportunity to expand by purchasing a machine at a cost of £80,000. The machine has an estimated life of 5 years and is projected to generate a cashflow of £20,0
In traveling three-fourths of the way around a traffic circle a car travels 0.228 mi. What is the radius of the traffic circle? The radius of the traffic circle is ____ mi.
#quesSuppose we have a stick of length L. We break it once at some point X ~ Unif(0;L). Then we break it again at some point Y ~ Unif(0;X). Use the law of iterated expectation to c
regression line drawn as Y=C+1075x, when x was 2, and y was 239, given that y intercept was 11. calculate the residual
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