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This is the formula that was used for the old Financial Times stock market index (the predecessor of the FTSE 100 Index). It was inadequate for that purpose. It was inadequate for that purpose. In particular, if the price of any of the constituents were to fall to zero, the whole index would fall to zero.
The M500 series Perodua Alza is the first generation of Alza B-segment [1] multi-purpose vehicle (MPV) produced by Malaysian car manufacturer Perodua. Based on the Daihatsu Boon Luminas , it was launched in November 2009 as the company's first purpose-built MPV.
The Perodua Alza is a B-segment [2] multi-purpose vehicle (MPV) produced by Malaysian car manufacturer Perodua. The first-generation model, based on the Daihatsu Boon Luminas, was launched in November 2009 as the company's first purpose-built MPV. The second-generation model that was introduced in 2022 is based on the W100 series Daihatsu Xenia ...
A price index (plural: "price indices" or "price indexes") is a normalized average (typically a weighted average) of price relatives for a given class of goods or services in a given region, during a given interval of time.
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
Index numbers are used especially to compare business activity, the cost of living, and employment. They enable economists to reduce unwieldy business data into easily understood terms. In contrast to a cost-of-living index based on the true but unknown utility function, a superlative index number is an index number that can be calculated. [1]
A hedonic index is any price index which uses information from hedonic regression, which describes how product price could be explained by the product's characteristics.. Hedonic price indexes have proved to be very useful when applied to calculate price indices for information and communication products (e.g. personal computers) and housing, [1] because they can successfully mitigate problems ...
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.