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How to index equation deed

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hi guys so in todays video were gonna have a quick look at how to solve equations in which the unknown is an index so what that basically means is where we have a question where the unknown number is on the shoulder of the base number so for example if we have something like this for it the pair of X is equals to 16 so what were trying to work out then is well whats the value of x the into say thats on the fourth shoulder and our method for solving these questions is always try and half the base number is the same on the left on the right hand side of the equation so on the left hand side of the equation we have 4 is the base number so were gonna see clear ice the right-hand side of our equation to base 4 so were gonna leave the left hand side the same and were gonna say what goes on the four shoulder to change it into 16 and what well notice is that 4 squared gives us 16 and because the base numbers are the same it means that we can actually write or equate the indices becau

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What is the formula of aggregate index?

Simple aggregate quantity index = Qi x 100 Q0 Page 3 Where, Qi- quantity for each element in the current year Q0- quantity for each element in the base year. The advantage of un-weighted aggregate indices is its simplicity.

What is the aggregate price index?

An aggregate price index tracks the prices for a group of commodities (called a market basket) at a given period of time to the price paid for that group of commodi- ties at a particular point in time in the past. The base period is the point in time in the past against which all comparisons are made.

What is the formula of simple index?

Simple aggregative method : This is the simplest method of calculating index numbers. In this method, total of the current year prices for the various commodities is divided by the total of the base year and the quotient multiplied by 100. Symbolically.

What is the formula for calculating index?

How is the index calculated? The index is calculated by dividing the column % of the crossover cell by the column % of the total cell for the relevant datapoint, and then multiplying by 100. Returning to the example above, we can calculate the index like so: (12.7/9.5)*100=133.7.

What is the value index formula?

In theory, the value of the index can be determined as an arithmetic average by dividing the total sum of the prices of the components in the index by the number of the index components.

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