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Price index numbers are usually defined either in terms of (actual or hypothetical) expenditures (expenditure = price * quantity) or as different weighted averages of price relatives ( ). These tell the relative change of the price in question. Two of the most commonly used price index formulae were defined by German economists and ...
Price index. 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. It is a statistic designed to help to compare how these price relatives, taken as a whole, differ between ...
Index (statistics) In statistics and research design, an index is a composite statistic – a measure of changes in a representative group of individual data points, or in other words, a compound measure that aggregates multiple indicators. [ 1][ 2] Indexes – also known as composite indicators – summarize and rank specific observations. [ 2]
In optics, the refractive index (or refraction index) of an optical medium is a dimensionless number that gives the indication of the light bending ability of that medium. Refraction of a light ray. The refractive index determines how much the path of light is bent, or refracted, when entering a material. This is described by Snell's law of ...
An index number is an economic data figure reflecting price or quantity compared with a standard or base value. [ 5][ 6] The base usually equals 100 and the index number is usually expressed as 100 times the ratio to the base value. For example, if a commodity costs twice as much in 1970 as it did in 1960, its index number would be 200 relative ...
In computing. In several programming languages, index notation is a way of addressing elements of an array. This method is used since it is closest to how it is implemented in assembly language whereby the address of the first element is used as a base, and a multiple (the index) of the element size is used to address inside the array.
Miller indices form a notation system in crystallography for lattice planes in crystal (Bravais) lattices . In particular, a family of lattice planes of a given (direct) Bravais lattice is determined by three integers h, k, and ℓ, the Miller indices. They are written ( hkℓ ), and denote the family of (parallel) lattice planes (of the given ...
Hides, skin, leathers. US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.