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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
Dividing Whole Numbers: Example: Divide 347 by 5. Solution: Beginning from the left of the dividend, the divisor is divided into the
a computerized payroll package and its cost,futures and the size of the business and how business mathematics is an inbuilt component of the package
Reduction -when the original amount and the balance or remainder are known, to find the part that has been given away. (e.g., there were 15 toffees in a container, and there are
Describe Square Roots? When a number is written inside a radical sign (√), the number is called the radicand, and we say that you are "taking the square root of" that number.
Sally gets paid x dollars per hour for a 40-hour work week and y dollars for every hour she works over 40 hours. How much did Sally earn if she worked 48 hours? Since she worke
Recall also which value of the derivative at a specific value of t provides the slope of the tangent line to the graph of the function at that time, t. Thus, if for some time t the
1 ream uses 6% of a tree, Estimate the reams of paper used in one month in an office(may be your father, mother or neighbour), hence find the number of trees that need to be cut fo
Explain the Vertex Formula ? The vertex formula is a convenient way of finding the vertex of the graph for any quadratic function. The graph of the quadratic equation f(x) = ax
Example of Graphing Equations: Example: By using the above figure, find out the distance traveled if the average speed is 20 mph and the time traveled is 40 minutes. T
t=w,w 2 L.H.S (w+w 2 ) + (w 2 + w) 2 ........ 1 + 1 ..... But every third term is of the form: (w 3n +w 3n ) 2 =22 There are nine such terms. Their sum is 36. The rema
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