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The Fisher's index is considered an ideal index because it effectively combines the strengths of both the Laspeyres and Paasche indices, thereby providing a more accurate reflection of price changes over time. It achieves this by averaging the two indices, mitigating the bias that can arise from using only one measure. Additionally, the Fisher index is flexible, allowing for changes in quantities and prices, which makes it robust and reliable for economic analysis. Its geometric mean approach ensures that it respects the principles of time reversal and factor reversal, further enhancing its validity as an index.
What else can I help you with?
What is Fisher's ideal index?
AnswerThe geometric mean of Laspeyre's and Paasche's price indices is called Fisher's price index.
What is the history of index number of additional mathematics?
The index number in economic terms refers to an economic data figure reflecting price or quantity compared with a standard or base value. The best known index number is the consumer price index, which measures changes in retail prices paid by consumers.
What do you mean 50 percent modulation index?
A(m)/A(c)=0.5 is known as 50% modulation index. where, A(m)=amplitude of message signal A(c)=amplitude of carrier signal
What the uses of index number in index index?
uses of index
Is DMFS index reversible index?
no
Why fisher index is the ideal index?
becaused it is exact
Who was the Priestess in Bizet The Pearl Fishers?
The priestess in Bizet the Pearl Fishers was known as Leala.
In the poem coromandel fishers the sea gull is showing the way so what does the way lead to?
In the poem "Coromandel Fishers," the sea gull is showing the way to where the fishers can find the ideal spot to cast their nets and fish. The way leads to a bountiful and fruitful fishing location where the fishers can have a successful catch.
Why fisher's index number is called ideal?
Anything with the fish is ideal because itss the symbol of Christ
What is Fisher's ideal index?
AnswerThe geometric mean of Laspeyre's and Paasche's price indices is called Fisher's price index.
What animal eats big cats?
Humans and bears. Fishers have been known to.
Ideal body mass index per height?
The ideal body mass index (BMI) for adults is between 18.5 & 24.9 To figure out what this means for you, try using a BMI calculator or table such as the one below. http://www.halls.md/ideal-weight/body.htm
Do fishers ever share a nest with raccoons?
No, they are not compatible and each would attempt to kill and devour the other. Fishers have been known to attack animals larger then themselves.
What is index finger known in Hindi?
Tarjani तर्जनी
What is the phone number of the Fishers Library in Fishers?
The address of the Fishers Library is: Five Municipal Drive, Fishers, 46038 1574
What animals are known to prey on porcupines in the wild?
In the wild, animals such as fishers, bobcats, coyotes, and mountain lions are known to prey on porcupines.
Jesus say he will make them fishers of what?
Fishers of Men
