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A Divisia index is a theoretical construct to create index number series for continuous-time data on prices and quantities of goods exchanged. The name comes from François Divisia who first proposed and formally analyzed the indexes in 1926, and discussed them in related 1925 and 1928 works.
Excel graph of the difference between two evaluations of the smallest root of a quadratic: direct evaluation using the quadratic formula (accurate at smaller b) and an approximation for widely spaced roots (accurate for larger b). The difference reaches a minimum at the large dots, and round-off causes squiggles in the curves beyond this minimum.
A cell on a different sheet of the same spreadsheet is usually addressed as: =SHEET2!A1 (that is; the first cell in sheet 2 of the same spreadsheet). Some spreadsheet implementations in Excel allow cell references to another spreadsheet (not the currently open and active file) on the same computer or a local network.
Metric time is the measure of time intervals using the metric system. The modern SI system defines the second as the base unit of time, and forms multiples and submultiples with metric prefixes such as kiloseconds and milliseconds. Other units of time – minute, hour, and day – are accepted for use with SI, but are not part of it
Flowchart illustrating selected units of time. The graphic also shows the three celestial objects that are related to the units of time. All of the formal units of time are scaled multiples of each other. The most common units are the second, defined in terms of an atomic process; the day, an integral multiple of seconds; and the year, usually ...
The incremental cost-effectiveness ratio (ICER) is a statistic used in cost-effectiveness analysis to summarise the cost-effectiveness of a health care intervention. It is defined by the difference in cost between two possible interventions, divided by the difference in their effect.
Euclid defines a ratio as between two quantities of the same type, so by this definition the ratios of two lengths or of two areas are defined, but not the ratio of a length and an area. Definition 4 makes this more rigorous. It states that a ratio of two quantities exists, when there is a multiple of each that exceeds the other.
In industrial engineering, the standard time is the time required by an average skilled operator, working at a normal pace, to perform a specified task using a prescribed method. [1] It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to cover contingent elements which may ...
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