position is justified for the reason stated earlier. The adjustment for beta is: Since w* is negative‚ the result is a positive position in stocks with positive alphas and a negative position in stocks with negative alphas. The position in the index
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UNIVERSAL VIRTUAL CONTENT ACADEMY (UVC) CPA PAPER 5 Index numbers By the end of topic‚ participants should be able to; 1. Appreciate the usefulness of index numbers in monitoring changes over time 1. Calculate simple indices 2. Determine simple aggregate price indices 3. Use laspeyre’s and Paashe’s price indices to determine weighted indices. What is an index number? An index number is a statistical measure designed to show/ monitor changes over a period of time in the price‚ quantity
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CPI (Consumer price index) A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. GDP deflator In economics‚ the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new‚ domestically produced‚ final goods and services in an economy. GDP stands for gross
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description of index numbers for application in generic index computation software modules 1 Photis Stavropoulos1‚ Georges Pongas2‚ Spyros Liapis1‚ George Petrakos1‚ Tonia Ieromnimon1 Agilis S.A. Statistics and Informatics‚ e-mail: Photis.Stavropoulos@agilis-sa.gr‚ Spyros.Liapis@agilis-sa.gr‚ George.Petrakos@agilis-sa.gr‚ Tonia.Ieromnimon@agilis-sa.gr 2 EUROSTAT‚ e-mail: Georges.Pongas@ec.europa.eu Abstract The aim of this paper is to present a scheme for the description of index numbers in a standardized
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Objective The objective of this experiment is to understand reflection and refraction and how they vary with different matters. At the end of this experiment‚ you will be able to: Determine index of refraction of various solutions Recognize the passage of refracted beams though different medium Understand the concept of Snell’s Law Understand how the speed of electromagnetic waves in different matters are related Determine the critical angle for total internal reflection Materials 550
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The refractive index Aim: The aim of this experiment is to find the refractive index of a glass prism. In this experiment‚ the independent variable is the angle of incidence‚ and the dependent variable is the angle of refraction. Theory: Snell’s law relates the angle of incidence and refraction to the ratio of the velocity of the wave in the different media. The formula for Snell’s law is the following: Sin isinr = v1v2 = n Where i is the angle of incidence‚ r is the angle of refraction
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step index fiber It is an optical fiber which has a core of constant refractive index.there are two types of step index fibers:single mode si and multi mode si fiber single mode step index fiber has only one mode of EM propagation (HE11) an has a core diameter of about 8-12 Um. and multi mode si has many mode of propagation and has a core of diameter of about 50 Um which allow many no of modes through it. single mode step index has an adv of lower inter modal dispersion as there is only
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to determine the angle of minimum deviation. To find out the refractive index of various liquids using a Hollow Prism. INTRODUCTION: This project is of Investigatory Type. In this project‚ a hollow prism has been used to calculate the refractive index of various liquids. The hollow prism is filled with liquid and then the experiment
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FDI: is a direct investment into production or business in a country by an individual or company of another country‚ either by buying a company in the target country or by expanding operations of an existing business in that country. Horizontal FDI: Processes conducted at home country are replicated directly in the host country. Vertical FDI: performs value-adding activities either upstream or downstream on the processes in host country. MNE: A company with operations in multiple locations across
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OVERVIEW INDEX NUMBERS compare figures which show changes in a given variable. The most common variables used in index numbers are price and quantity. By getting the difference of the index numbers‚ we are able to determine the relative or percent change in the price or quantity of a commodity between two periods of time or two localities. Among the more commonly used index numbers are the consumer price index‚ retail price index‚ wholesale price index‚ and the cost-of-living index. DEFINITION
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