cost of living index are – 1. Aggregate Expenditure Method or Weighted Aggregative Method: In this method‚ the quantities of commodities consumed by the particular group in the base year are taken as weights. This is also known as LASPEYRE’S METHOD. The formula is given by Consumer Price Index = 2. Family Budget Method or Method of Weighted Relatives: In this method‚ cost of living index is obtained on taking the weighted average of price relatives‚ the weights are the values of quantities
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year. What type of graph should he use to show how the high temperature changes during the year ? 13. A time series graph is useful for what purpose? 14. What type of graph is the figure below? 15. Which of the following is the properly rounded mean for the given data? 16‚ 18‚ 13‚ 29‚ 22‚ 11 16. What is the median of the following set of values? 15‚ 18‚ 25‚ 13‚ 17 17. What is the midrange of the following data set? 2‚ 7‚ 6‚ 8‚ 0‚ 8‚ 14‚ 19‚ 14 18.
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GOLDEN MEAN It all started from this very smart man named Leonardo Bonacci‚ also known as Fibonacci. Fibonacci was a very important mathematician in Europe; he is believed to be the first. He learned with Arabic mathematicians and had an Arabic learning background to math. Fibonacci had this idea of counting how many rabbits are produced in a yearí ĉ. Fibonacci started with a pair of rabbits. The next month he had a new pair‚ as well the next one too. Fibonacci started working for a solution
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Definitions of Statistics Types of Data and Data Sources Types of Statistics Scope of Statistics Importance of Statistics in Business Limitations of statistics Summary Self-Test Questions Suggested Readings 1.1 INTRODUCTION For a layman‚ ‘Statistics’ means numerical information expressed in quantitative terms. This information may relate to objects‚ subjects‚ activities‚ phenomena‚ or regions of space. As a matter of fact‚ data have no limits as to their reference‚ coverage‚ and scope. At the macro level
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A and part B. -"Discuss imperialism" means "explain how and why" (I spent a page discussing in and got it sent back--the first time they said "not enough info" and so I added even more‚ then they sent it back again and finally told me they wanted "how and why"). -"Diffusion" doesn’t mean spreading out‚ it means "influence on" so "discuss the diffusion between your society and another" doesn’t mean compare how the two different societies expanded‚ it means explain how your society had influence
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Journal of Financial Economics 14 (1985) 3-31. USING North-Holland DAILY STOCK RETURNS The Case of Event Studies* Stephen J. BROWN Yale Universiry. New Haven‚ CT 06520‚ USA Jerold B. WARNER Universrty of Rochester‚ Rochester‚ NY 1462 7‚ USA Received November 1983‚ fmal version received August 1984 This paper examines properties of daily stock returns and how the particular characteristics of these data affect event study methodologies. Daily data generally present few difficulties for
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Along History‚ people have had the necessity and the curiosity of moving and changing from some places to others‚ and in this sense means of transport have played an important role. Nowadays‚ there is a great variety of means of transport and all of them have advantages and disadvantages. When we have to choose a mean of transport we usually take into account distance‚ speed‚ comfort and cost. But I would like to focus the discussion on transport in our cities and the question is: What do you
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1.2 - Below we list several variables. Which of these variables are quantitative and which are qualitative? Quantitative means that the measurement of the value gives an actual quantity that can mean “how much”‚ or “how many”. Whereas qualitative means we are simply recording into which of the categories the element falls. (Bowerman‚ O’Connell‚ Murphree‚ Orris‚ J. B. (2012). Essentials of Business Statistics 4th ed.). A. The dollar amount on an accounts receivable invoice. This would
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data. * To use the mean‚ median and mode to describe how data “bunch up” * To use the range‚ variance and standard deviation to describe how data “spread out”. MEASURES OF CENTRL TENDENCY Measures of central tendency include three important tools – mean (average)‚ median and mode. Mean The arithmetic mean is the most common measure of central tendency. For a data set‚ the mean is the sum of the observations divided by the number of observations. Basically‚ the mean describes the central
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Pakistan Journal of Meteorology Vol. 9‚ Issue 17: Jul 2012 Rainfall Trends in Different Climate Zones of Pakistan Salma‚ S.1‚ S. Rehman1‚ M. A. Shah2 Abstract In this paper‚ the study was conducted across the country to assess the rainfall trend in different climate zones of Pakistan over the past three decades. For this purpose dataset comprising 30 years for the period 1976 to 2005 were acquired from 30 meteorological observatories from different parts of the country. The whole data was
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