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Essay

Index Numbers

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Issue:

Miscellaneous

 

Written by:

Laurine G

 

Date added:

May 4, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1456

 

Was viewed:

3763 times

 

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Essay content:

But practically, if we think changes in different variables are different and that too, upward or downward, then the price is quoted in different units i.e milk for litre, rice or wheat for kilogram, rent for square feet, etc We want one figure to indicate the changes of different commodities as a whole...
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This is called an Index number. Index Number is a number which indicate the changes in magnitudes. M.Spiegel say, “ An index number is a statistical measure designed to show changes in variable or a group of related variables with respect to time, geographic location or other characteristic”. In general, index numbers are used to measure changes over time in magnitude which are not capable of direct measurement...
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General issues of this essay:
Ath Technologies Inc.: Making The Numbers Bic Mac Index Blinding Numbers Mc donalds and Big mac index The Big Mac Index Fibonacci Numbers the correct use of numbers Greek numbers Index Numbers Numbers in sports Numbers Proportions Of Numbers And Magnitudes Strength in Numbers WoW index Fibonacci Numbers
 

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