# Additional Mathematics Project Work 2013

2604 Words Jun 29th, 2013 11 Pages
ACKNOWLEDGEMENT

First and foremost, I would like to thank my Additional Mathematics teacher, Puan Siti Rafida Bt. Md Rejab as she gives us important guidance and commitment during this project work. She has been a very supportive figure throughout the whole project. I also would like to give thanks to all my friends for helping me and always supporting me while completing this project work. They have done a great job at surveying various shops and sharing information with other people including me. Without them this project would never have had its conclusion. For their strong support, I would like to express my gratitude to my beloved parents Kamruldzaman b. Said and Mazlina bt. Muhammad for supplying
Index numbers are statistical measures designed to show changes in a variable or group of related variables with respect to time, geographic location or other characteristics such as income, profession, etc. A collection of index numbers for different years, locations, etc., is sometimes called an index series. A simple index number is a number that measures a relative change in a single variable with respect to a base. A composite index number is a number that measures an average relative changes in a group of relative variables with respect to a base.

Arthur L. Bowley : The founding father of modern statistics
Arthur L. Bowley : The founding father of modern statistics

PART 1
(a) Describe in brief (i) Price Index