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The Törnqvist or Törnqvist-Theil index is the geometric average of the n price relatives of the current to base period prices (for n goods) weighted by the arithmetic average of the value shares for the two periods. [16] [17]
Aggregate data is high-level data which is acquired by combining individual-level data. For instance, the output of an industry is an aggregate of the firms’ individual outputs within that industry. [1] Aggregate data are applied in statistics, data warehouses, and in economics. There is a distinction between aggregate data and individual data.
A Törnqvist or Törnqvist-Theil price index is the weighted geometric mean of the price relatives using arithmetic averages of the value shares in the two periods as weights. [ 1 ] The data used are prices and quantities in two time-periods, (t-1) and (t), for each of n goods which are indexed by i .
This complexity should be transparent to the users of the data warehouse, thus when a request is made, the data warehouse should return data from the table with the correct grain. So when requests to the data warehouse are made, aggregate navigator functionality should be implemented, to help determine the correct table with the correct grain.
A pivot table is a table of values which are aggregations of groups of individual values from a more extensive table (such as from a database, spreadsheet, or business intelligence program) within one or more discrete categories. The aggregations or summaries of the groups of the individual terms might include sums, averages, counts, or other ...
In order to calculate the average and standard deviation from aggregate data, it is necessary to have available for each group: the total of values (Σx i = SUM(x)), the number of values (N=COUNT(x)) and the total of squares of the values (Σx i 2 =SUM(x 2)) of each groups. [8]
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The information is packaged into aggregate reports and then sold to businesses, as well as to local, state, and government agencies. This information can also be useful for marketing purposes. In the United States, many data brokers' activities fall under the Fair Credit Reporting Act (FCRA) which regulates consumer reporting agencies .