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ndex numbers are basically economic data figures that reflect the price or quantity compared with standard or base value. It is normally expressed as 100 times the ratio of the base value that equals 100.
Index numbers are very important for economic analysis. They summarize movements in a group of related variables. The consumer Price index is one of the most commonly used form of index number. It measures the changes in the retail prices.
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What the uses of index number in index index?
uses of index
What is the meaning of coordinate index?
Coordinate index ? Sure ! It's easy ... You just have to coordinate your index number !
How do you work out the index number?
Index numbers are usually expressed by setting some selected value as 100 and converting all other numbers to an index relative to that base.So, for a simple index, if the value y(0) is set to 100, then the index for the value y(k) is y(k)/y(0)*100.The calculations become more complicated if the index is for a collection of items. In such cases, a number of different "sub-indices" need to be combined together. The combined index is calculated as a weighted average of the component sub-indices, with the weights based on the importance of each su-index in the base period (base-weighted) or in the current period (current-weighted).
Discuss the Importance of caveat?
Caveat Empotor means let the buyer beware
What does index mean in maths terms?
index is the same as power The index of a number say how many times you have to use the number in a multiplictaion. e.g; 2 10 = 10*10=100
Discuss the importance of descriptive statistics in business organisations?
Discuss the importance of descriptive statistics
Discuss the Concept of customer value and its importance to successful marketing?
discuss the concept of customer value and its importance to markeking
Discuss the importance of measuring variability for managerial decisions?
discuss the importance of measuring variability for managerial decision making
What is index number?
what is index number
What the uses of index number in index index?
uses of index
Discuss the importance of insurance to business enterprise?
i want answer
The acronym for PIN?
Its Postal Index Number and for mobile its Personal Identity Number.
What is kse100 index importance?
Because KSE-100 index represents about 20% market capitalization of whole market.
Disadvantages of index number?
disadvantages of index numbers
What is the importance of index reference?
It will show you where you can find certain stuff in the book.
Discuss the Importance of good leadership for a successful business?
nothing....hahaHA
Discuss the Importance of personnel management in the present economic scenario?
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