Keseluruhan +Math Da Abes!

8/9/2019 Keseluruhan +Math Da Abes!

1/30

CONTENT

No Contents Page

1 Objectives 2

2 Appreciation 3

3 Introduction 4-5

4 Part 1 6-13

5 Part 2 14-19

6 Part 3 20-22

7 Further Exploration 23-28

8 Conclusion 29

9 Reflection 30

10 Rubric for AdditionalMathematics Project Work

31

1


2/30


3/30

Train ourselves not only to be independent learners but also to

collaborate, to cooperate, and to share knowledge in an

engaging and healthy environment

Use technology especially the ICTappropriately and effectively

Realize the importance and the beauty of mathematics.

APPRECIATION

Feelings Blessed By THE GOD because give me the

willingness to perform this project completely. Secondly, I want to

thanked to my principle Madam Latifah Be Hamdan because give

me permission to complete this project during school holidays.

Then, I want to thanked to my Additional Mathematics Teacher,

Madam Ko Lian Hui because gives me best guidance and support

to do this Additional Mathematics Project. By the way, I want to

thanked to my parents because gives me support and

encouragement to complete this Additional Mathematics project.

Last but not least, I want to thank to all my friends and everybody

that helped me in order to complete this Additional Mathematics

Project because without all of you I cannot done this work

individually successfully.

3


4/30

INTRODUCTION

Definition

An index number is an economic data figure reflecting price orquantity compared with a standard or base value. The base usuallyequals 100 and the index number is usually expressed as 100 timesthe ratio to the base value. For example, if a commodity costs twice asmuch in 1970 as it did in 1960, its index number would be 200 relativeto 1960. Index numbers are used especially to compare businessactivity, the cost of living, and employment. They enable economists toreduce unwieldy business data into easily understood terms.

In economics, index numbers generally are time seriessummarising movements in a group of related variables. In somecases, however, index numbers may compare geographic areas at apoint in time. An example is a country's purchasing power parity. Thebest-known index number is the consumer price index, whichmeasures changes in retail prices paid by consumers. In addition, acost-of-living index (COLI) is a price index number that measuresrelative cost of living over time. In contrast to a COLI based on the truebut unknown utility function, a superlative index number is an indexnumber that can be calculated. Thus, superlative index numbers are

4
http://en.wikipedia.org/wiki/Economic_datahttp://en.wikipedia.org/wiki/Figurehttp://en.wikipedia.org/wiki/Pricehttp://en.wikipedia.org/wiki/Ratiohttp://en.wikipedia.org/wiki/Commodityhttp://en.wikipedia.org/wiki/Cost_of_livinghttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Time_serieshttp://en.wikipedia.org/wiki/Purchasing_power_parityhttp://en.wikipedia.org/wiki/Consumer_price_indexhttp://en.wikipedia.org/wiki/Retail_pricehttp://en.wikipedia.org/wiki/Cost-of-living_indexhttp://en.wikipedia.org/wiki/Economic_datahttp://en.wikipedia.org/wiki/Figurehttp://en.wikipedia.org/wiki/Pricehttp://en.wikipedia.org/wiki/Ratiohttp://en.wikipedia.org/wiki/Commodityhttp://en.wikipedia.org/wiki/Cost_of_livinghttp://en.wikipedia.org/wiki/Employmenthttp://en.wikipedia.org/wiki/Economicshttp://en.wikipedia.org/wiki/Time_serieshttp://en.wikipedia.org/wiki/Purchasing_power_parityhttp://en.wikipedia.org/wiki/Consumer_price_indexhttp://en.wikipedia.org/wiki/Retail_pricehttp://en.wikipedia.org/wiki/Cost-of-living_index


5/30

used to provide a fairly close approximation to the underlying cost-of-living index number in a wide range of circumstances.

There is a substantial body of economic analysis concerning theconstruction of index numbers, desirable properties of index numbers

and the relationship between index numbers and economic theory.

History

No clear consensus has emerged on who created the first priceindex. The earliest reported research in this area came from WelshmanRice Vaughan who examined price level change in his 1675 book ADiscourse of Coin and Coinage. Vaughan wanted to separate theinflationary impact of the influx of precious metals brought by Spainfrom the New World from the effect due to currency debasement.

Vaughan compared labor statutes from his own time to similar statutesdating back to Edward III. These statutes set wages for certain tasksand provided a good record of the change in wage levels. Vaughanreasoned that the market for basic labor did not fluctuate much withtime and that a basic laborers salary would probably buy the sameamount of goods in different time periods, so that a laborer's salaryacted as a basket of goods. Vaughan's analysis indicated that pricelevels in England had risen six to eightfold over the preceding century.

While Vaughan can be considered a forerunner of price indexresearch, his analysis did not actually involve calculating an index. In1707 Englishman William Fleetwood created perhaps the first trueprice index. An Oxford student asked Fleetwood to help show howprices had changed. The student stood to lose his fellowship since afifteenth century stipulation barred students with annual incomes overfive pounds from receiving a fellowship. Fleetwood, who already hadan interest in price change, had collected a large amount of price data

5
http://en.wikipedia.org/wiki/Waleshttp://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/vaughan/coinhttp://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/vaughan/coinhttp://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/vaughan/coinhttp://en.wikipedia.org/wiki/Spainhttp://en.wikipedia.org/wiki/New_Worldhttp://en.wikipedia.org/wiki/Debasementhttp://en.wikipedia.org/wiki/Statute_of_Labourers_of_1351http://en.wikipedia.org/wiki/Edward_IIIhttp://en.wikipedia.org/wiki/William_Fleetwoodhttp://en.wikipedia.org/wiki/Waleshttp://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/vaughan/coinhttp://socserv2.socsci.mcmaster.ca/~econ/ugcm/3ll3/vaughan/coinhttp://en.wikipedia.org/wiki/Spainhttp://en.wikipedia.org/wiki/New_Worldhttp://en.wikipedia.org/wiki/Debasementhttp://en.wikipedia.org/wiki/Statute_of_Labourers_of_1351http://en.wikipedia.org/wiki/Edward_IIIhttp://en.wikipedia.org/wiki/William_Fleetwood


6/30

going back hundreds of years. Fleetwood proposed an index consistingof averaged price relatives and used his methods to show that thevalue of five pounds had changed greatly over the course of 260 years.He argued on behalf of the Oxford students and published his findingsanonymously in a volume entitled Chronicon Preciosum.

PART 1The prices of goods sold in shops vary from one shop to another.Shoppers tend to buy goods which are not only reasonably priced butalso give value for their money.You are required to carry out a survey on four different items based onthe following categories i.e. food, detergent and stationery. The surveyshould be done in three different shops.

Question:a) Collect pictures, newspaper cuttings or photo on

items that you have chosen. Design a collage toillustrate the chosen items.

Answer:i) Food=Self-raising flour, sugar, butter, eggs (GRADE A)

6


7/30

ii) Detergent

7


8/30

iii) Stationery

8


9/30

Question:(b) Record the items and their prices systematically as inTable 1.Since items maybe differently packed be sure to useconsistent measurements for each item selected so thatcomparison can be done easily and accurately.

Answer:

9


10/30

Question:

c) Create at least two suitable graphical representations(the use of ICT is encouraged) to compare and contrast the

prices of the items chosen.

Answer:

Category Item Price(RM)Econsave Giant

U MallJusco

Food1.Self-RaisingFlour (1000g) 4.00 3.70 3.60

2.Sugar (1000g) 1.75 1.75 1.753.Butter (250g) 3.95 3.99 4.504.Eggs (Grade A)30 eggs

9.75 9.99 9.50

Total Price 19.45 19.43 19.35

Detergent1.Kiwi Clean 6.90 5.49 5.502.SoftlanSoftener3 Litre

6.29 9.99 6.99

3.Daia 1 Kg 4.69 5.49 5.504.Breeze LiquidColour 1.8 Kg

10.30 10.99 10.70

Total Price 28.18 31.96 28.69Stationery 1.Highlighter

Faber Castle3.50 3.49 3.70

2.Staedler WaterColour 13.50 10.00 13.50

3.Stabilo LiquidPaper

3.50 3.90 3.90

4.Faber CastlePencil Tri GripPencil

7.20 8.00 7.50

Total Price 27.70 25.39 28.60Grand Total 57.59 53.50 50.3010


11/30

11


12/30

Question:

d) Based on the graphical representations that you haveconstucted in PART 1(c), interpret, discuss and drawconclusion. Comments on your findings.

Answer:

Based on the graph we could see the small and largedifference among the items. We could see from food price the lowestprice is SUGAR because sugar is now known as controlled goods sothere is no such difference among them and the highest price is EGGSGRADE A. All of us know the difference among eggs and another itemis because the controlled standard to this eggs which caused the priceso high than another food items. Moreover, when we look to detergentthe lower price is DAIA that have quantity about 1 kg and the higherprice is BREZEE LIQUID COLOUR this is because the differencedetergent bring the difference price. On the other hand, the lowestprice among stationery items is highlighter FABER CASTLE and thehighest price among them is STAEDLER water colour, I think it is

because the standard and quality that given by STAEDLER to users. Allof this can be concludes with the grand total.

12


13/30

Question:

e) Identify an item that has a large price differenceamong the shops. Calculate the mean and the standarddeviation of that particular item. Hence, suggest and discusspossible reasons for the price difference.

Answers:

Softlan Softener 3 Litres

RM 6.29 + RM 9.99 + RM 6.99 = RM 23.27

: RM 23.27 3 = RM 7.756

STANDARD DEVIATION

= ()/N ( )

= - (7.756)

=1.965536

13


14/30

As the conclusion, the large difference amongthe price is higher because the standard of theshop. So, the more standard of the shop, the

higher the price given to the users. The higherthe price, the higher quality you can get fromthat product.

14


15/30

Part 2Every year SMK Indah organized a carnival to raise funds for theschool. This year the school plans to install air conditioners in the

school library. Last year, during the carnival, your class made and soldbutter cakes. Because of the popularity of the butter cakes, your classhas decided to carry out the same project for this years carnival.

Question:(a) Suggest a shop from Part 1 which you would go to

purchase the ingredients for the butter cakes. State and

discuss your reasons for purchasing from the shop you

suggested.

Answer:

I choose Jusco because it offers me the lowest total price among the

food items.

Question:(b) Complete Table 2 with the prices of the items found in the

shop/supermarket that you have chosen.

Answer:

Ingredient QuantityPer cake

Price in theyear 2009(RM)

Price in theyear

2010(RM)Self-raisingflour

250g 0.90 0.90

Sugar 200g 0.35 0.35Butter 250g 3.30 4.50Eggs(GradeA)

5 eggs 1.25 1.5815


16/30

Question:(b)(i) Calculate the price index for each of the ingredients in

Table 2 for the year 2010 based on the year 2009.

Answer:

1. Self-raising flour

=

2. Sugar

=

3. Butter

=

4. Eggs (Grade A)

Ingredient QuantityPer cake

Price in theyear

2009(RM)

Price in theyear

2010(RM)

Price indexfor the year2010 basedon the year

2009 ()

Self-raisingflour 250g 0.90 0.90 100

Sugar 200g 0.35 0.35 102.86Butter 250g 3.30 4.50 136.33Eggs(GradeA)

5 eggs(300g)

1.25 1.58 126.4

16


17/30

=

Question:

(b)(ii) Calculate the composite index for making a butter cakein the year 2010 based on the year 2009. Discuss how you

obtained your answers.

Answer:

To calculate the composite index, weight age is needed (W),

Ingredients Weight age (W)Self-raising flour

Sugar

Butter

Eggs(Grade A)

Composite index

=117.5745

17


18/30

Question:(b)(iii) In the year 2009, the butter cake was sold at RM15.00each. Suggest a suitable selling price for the butter cake in theyear 2010.Give reasons for your answer.

Answer:

On 2009, RM 15.00

On 2010, price =

=

= 17.63

Thus, the suitable price for the butter cake for the year 2010 isRM17.63.The increase in price is also suitable because of the rise inthe price of the ingredients.

18


19/30

Question:(c)(i) Find out from reliable sources how to determine suitablecapacity of air conditioner to be installed based on thevolume/size of a room.

Answer:

For common usage, air conditioner is rated according to horse power(1HP), which is approximately 700W to 1000W of electrical power. It is

suitable for a room size 1000ft which is around 27m of volume.

Question:(c)(ii) Work in groups to estimate the volume of your schoollibrary. Explain how you arrive at your answer. Hence,determine the number of air conditioners with the appropriatecapacity required for your library.

Answer:

By using a measuring tape, the dimension for thelibrary is:Height: 4.2mWidth = 11.2 mLength= 21.25 mVolume of the room= 4.2 X 11.2 X 21.25

= 999.6 m

1 unit of air conditioner is for 27 m

For 999.6m =

= 37.02

That means our school library needs 37 unit of airconditioner.

19


20/30

Question:(c)(iii) If your class intends to sponsor one air conditioner forthe school library, how many butter cakes must your class sellin order to buy the air conditioner?

Answer:1 unit of 1HP air conditioner = RM700

Cost for a cake = 0.9 + 0.35 + 4.50 + 1.58 = 7.33

Selling price = RM17.63

Profit = 17.63 - 7.33= RM10.30

Number of cakes to buy 1 unit of air conditioner

= = 67.96 = 68 cakes

Part 3

20


21/30

As a committee member for the carnival, you are required to preparean estimated budget to organize this years carnival. The committeehas to take into the consideration the increase in expenditure from the

previous year due to inflation. The price of food, transportation andtents has increased by 15%. The cost of games, prizes and decorationsremains the same, whereas the cost of miscellaneous items hasincrease by 30%.

Question:(a) Complete Table 3 based on the information given above.

Answer:

Expenditure Amount in 2009(RM)

Amount in 2010(RM)

Food 1200.00 1380.00Games 500.00 500.00

Transportation 300.00 345.00Decorations 200.00 200.00

Prizes 600.00 600.00Tents 800.00 920.00Miscellaneous 400.00 520.00

Table 3

Question:

21


22/30

(b) Calculate the composite index for the estimated budget of

the carnival in the year 2010 based on the year 2009.

Comment on your answer.

Answer:

Expenditure Amount in

2009(RM)

Amount in

2010(RM)

PriceIndex, I

I=

Weightage,W

Food 1200.00

1380.00

115 12

Games 500.00 500.00 100 5Transportation

300.00 345.00 115 3

Decorations 200.00 200.00 100 2Prizes 600.00 600.00 100 6

Tents 800.00 920.00 115 8Miscellaneous

400.00 520.00 130 4

Composite Index

=

=

= =111.625

The total price for the year 2010 increase by 11.625%. This is because

some price in the year 2009 increased in the year 2010.

22


23/30

Question:(c) The change in the composite index for the estimate budget

for the carnival from the year 2009 to the year 2010 is the

same as the change from the year 2010 to the year 2011.

Determine the composite index of the budget for the year

2011 based on the year 2009.

Answer:

Composite index for the year 2009 to the year2010=111.625

Composite index for the year 2010 to the year2011

=111.625

=

= 111.625 111.625

124.60

23


24/30

Further Exploration

Index numbers are being used in many different daily situations, forexample air pollution index, stock market index, gold index andproperty index. Obtain information from the internet or other reliablesources on the importance of two different types of index number ofyour choice. Elaborate the use and the importance of these indexnumbers in daily life.

Air Pollution Index

Air pollution is the introduction ofchemicals, particulate

matter, or biological materials that cause harm or discomfort to

humans or other living organisms, or damages the natural

environment into the atmosphere. The atmosphere is a complex

dynamic natural gaseous system that is essential to support life on

planet Earth. Stratosphericozone depletion due to air pollution has

long been recognized as a threat to human health as well as to the

Earth's ecosystems.

The Air Quality Index (AQI) (also known as the Air Pollution

Index (API) or Pollutant Standard Index (PSI) is a number used by

government agencies to characterize the quality of the air at a given

location. As the AQI increases, an increasingly large percentage of the

population is likely to experience increasingly severe adverse health

effects. To compute the AQI requires an air pollutant concentration

from a monitor or model. The function used to convert from air

pollutant concentration to AQI varies by pollutant, and is different in

different countries. Air quality index values are divided into ranges,and each range is assigned a descriptor and a color code. Standardized

public health advisories are associated with each AQI range. An agency

might also encourage members of the public to take public

transportation or work from home when AQI levels are high.

24
http://en.wikipedia.org/wiki/Chemicalhttp://en.wikipedia.org/wiki/Particulate_matterhttp://en.wikipedia.org/wiki/Particulate_matterhttp://en.wikipedia.org/wiki/Biological_materialhttp://en.wikipedia.org/wiki/Natural_environmenthttp://en.wikipedia.org/wiki/Natural_environmenthttp://en.wikipedia.org/wiki/Earth's_atmospherehttp://en.wikipedia.org/wiki/Earthhttp://en.wikipedia.org/wiki/Stratospherehttp://en.wikipedia.org/wiki/Ozone_depletionhttp://en.wikipedia.org/wiki/Ecosystemshttp://en.wikipedia.org/wiki/Chemicalhttp://en.wikipedia.org/wiki/Particulate_matterhttp://en.wikipedia.org/wiki/Particulate_matterhttp://en.wikipedia.org/wiki/Biological_materialhttp://en.wikipedia.org/wiki/Natural_environmenthttp://en.wikipedia.org/wiki/Natural_environmenthttp://en.wikipedia.org/wiki/Earth's_atmospherehttp://en.wikipedia.org/wiki/Earthhttp://en.wikipedia.org/wiki/Stratospherehttp://en.wikipedia.org/wiki/Ozone_depletionhttp://en.wikipedia.org/wiki/Ecosystems


25/30

Limitations of the AQI

Most air contaminants do not have an associated AQI. Many countries

monitor ground-level ozone, particulates, sulphur dioxide, carbon

monoxide and nitrogen dioxide and calculate air quality indices for

these pollutants.

Causes of Poor Air Quality

The AQI can worsen (go up) due to lack of dilution of air emissions by

fresh air. Stagnant air, often caused by an anticyclone or temperature

inversion, or other lack ofwinds lets air pollution remain in a local area.

Indices by Location

South Korea

The Ministry of Environment of South Korea uses the

Comprehensive Air-quality Index (CAI) to describe the ambient air

quality based on health risk of air pollution. The index aims to help the

public easily understand air quality level and protect the health of

people from air pollution. - The CAI has values of 0 through 500, which

are divided into six categories. The higher the CAI value, the greater

the level of air pollution. - Of values of the five air pollutants, thehighest is the CAI value.

25
http://en.wikipedia.org/wiki/Ground-level_ozonehttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/Sulfur_dioxidehttp://en.wikipedia.org/wiki/Anticyclonehttp://en.wikipedia.org/wiki/Temperature_inversionhttp://en.wikipedia.org/wiki/Temperature_inversionhttp://en.wikipedia.org/wiki/Windhttp://en.wikipedia.org/wiki/Air_pollutionhttp://en.wikipedia.org/wiki/Ground-level_ozonehttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/Sulfur_dioxidehttp://en.wikipedia.org/wiki/Anticyclonehttp://en.wikipedia.org/wiki/Temperature_inversionhttp://en.wikipedia.org/wiki/Temperature_inversionhttp://en.wikipedia.org/wiki/Windhttp://en.wikipedia.org/wiki/Air_pollution


26/30

Description Health Implications

Good

A level that will not impactpatients suffering from

diseases related to airpollution.

51-100

ModerateA level which may have a

meager impact on patients incase of chronic exposure.

101-

150

Unhealthy forsensitivegroups

A level that may have harmfulimpacts on patients and

members of sensitive groups.

151-250

Unhealthy

A level that may have harmfulimpacts on patients and

members of sensitive groups(children, aged or weak

people), and also cause thegeneral public unpleasant

feelings.

26


27/30

251-350

Veryunhealthy

A level which may have aserious impact on patients andmembers of sensitive groups in

case of acute exposure.

351-500

Hazardous

A level which may need totake emergency measures for

patients and members ofsensitive groups and have

harmful impacts on the generalpublic.

Malaysia

The air quality in Malaysia is reported as the API or Air Pollution

Index. Four of the index's pollutant components (i.e., carbon monoxide,

ozone, nitrogen dioxide and sulfur dioxide) are reported

in PM10 particulate matter is reported in g/m.

Unlike the American AQI, the index number can exceed 500.

Above 500, a state of emergency is declared in the reporting area.

Usually, this means that non-essential government services are

suspended, and all ports in the affected area closed. There may also be

a prohibition on private sector commercial and industrial activities in

the reporting area excluding the food sector. A comparison of three

major U.S. stock indices: the NASDAQ Composite, Dow Jones Industrial

Average, and S&P 500. All three have the same height at March 2007.

Notice the large dot-com spike on the NASDAQ, a result of the large

number of tech. companies on that index.

27
http://en.wikipedia.org/wiki/Malaysiahttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/State_of_emergencyhttp://en.wikipedia.org/wiki/Nasdaq_Compositehttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Dot-com_bubblehttp://en.wikipedia.org/wiki/Malaysiahttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/State_of_emergencyhttp://en.wikipedia.org/wiki/Nasdaq_Compositehttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/Dow_Jones_Industrial_Averagehttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Dot-com_bubble


28/30

A stock market index is a method of measuring a section of

the stock market. Many indices are cited by news or financial services

firms and are used as benchmarks, to measure the performance

ofportfolios such as mutual funds.

Types of Indices

Stock market indices may be classed in many ways. A 'world' or

'global' stock market index includes (typically large) companies

without regard for where they are domiciled or traded. Two examplesare MSCI World and S&P Global 100.

A national index represents the performance of the stock market

of a given nationand by proxy, reflects investor sentiment on the

state of its economy. The most regularly quoted market indices are

national indices composed of the stocks of large companies listed on a

nation's largest stock exchanges, such as the American S&P 500, the

Japanese Nikkei 225, and the British FTSE 100.

The concept may be extended well beyond an exchange. The

Dow Jones Total Stock Market Index, as its name implies, represents

the stocks of nearly every publicly traded company in the United

States, including all U.S. stocks traded on the New York Stock

Exchange (but not ADRs) and most traded on

the NASDAQ and American Stock Exchange. Russell Investment

Group added to the family of indices by launching the Russell Global

Index.

More specialized indices exist tracking the performance of

specific sectors of the market. The Morgan Stanley Biotech Index, for

example, consists of 36 American firms in the biotechnology industry.

Other indices may track companies of a certain size, a certain type of

28
http://en.wikipedia.org/wiki/Stock_markethttp://en.wikipedia.org/wiki/Benchmarkinghttp://en.wikipedia.org/wiki/Portfolio_(finance)http://en.wikipedia.org/wiki/Mutual_fundhttp://en.wikipedia.org/wiki/MSCI_Worldhttp://en.wikipedia.org/wiki/S%26P_Global_100http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Nikkei_225http://en.wikipedia.org/wiki/FTSE_100http://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/American_Depositary_Receipthttp://en.wikipedia.org/wiki/NASDAQhttp://en.wikipedia.org/wiki/American_Stock_Exchangehttp://en.wikipedia.org/wiki/Russell_Investment_Grouphttp://en.wikipedia.org/wiki/Russell_Investment_Grouphttp://www.russell.com/indexes/characteristics_fact_sheets/global/russell_global_index.asphttp://www.russell.com/indexes/characteristics_fact_sheets/global/russell_global_index.asphttp://en.wikipedia.org/w/index.php?title=Morgan_Stanley_Biotech_Index&action=edit&redlink=1http://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Biotechnologyhttp://en.wikipedia.org/wiki/Stock_markethttp://en.wikipedia.org/wiki/Benchmarkinghttp://en.wikipedia.org/wiki/Portfolio_(finance)http://en.wikipedia.org/wiki/Mutual_fundhttp://en.wikipedia.org/wiki/MSCI_Worldhttp://en.wikipedia.org/wiki/S%26P_Global_100http://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Nikkei_225http://en.wikipedia.org/wiki/FTSE_100http://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/American_Depositary_Receipthttp://en.wikipedia.org/wiki/NASDAQhttp://en.wikipedia.org/wiki/American_Stock_Exchangehttp://en.wikipedia.org/wiki/Russell_Investment_Grouphttp://en.wikipedia.org/wiki/Russell_Investment_Grouphttp://www.russell.com/indexes/characteristics_fact_sheets/global/russell_global_index.asphttp://www.russell.com/indexes/characteristics_fact_sheets/global/russell_global_index.asphttp://en.wikipedia.org/w/index.php?title=Morgan_Stanley_Biotech_Index&action=edit&redlink=1http://en.wikipedia.org/wiki/United_Stateshttp://en.wikipedia.org/wiki/Biotechnology


29/30

management, or even more specialized criteria one index published

by Linux Weekly News tracks stocks of companies that sell products

and services based on the Linux operating environment.

Index Versions

Some indices, such as the S&P 500, have multiple

versions. These versions can differ based on how the index

components are weighted and on how dividends are accounted for. For

example, there are three versions of the S&P 500 index: price return,

which only considers the price of the components, total return, whichaccounts for dividend reinvestment, and net total return, which

accounts for dividend reinvestment after the deduction of a

withholding tax. As another example, the Wilshire 4500 and Wilshire

5000 indices have five versions each: full capitalization total return, full

capitalization price, float-adjusted total return, float-adjusted price, and

equal weight. The difference between the full capitalization, float-

adjusted, and equal weight versions is in how index components are

weighted.

Uses and Importance of Air pollutionIndex and Stock Market Index

As everyone can see, the air pollution index is use by thegovernment to measure the air quality index and to detect anypollutants in our countrys air. This is to ensure the air is clean and safe

for us to inhale. Besides that, an early warning can be given to us if theair pollution is to high for us to get out of our homes. This warning isgiven based upon readings and interpretations of the air pollutionindex.

As for the stock market index, it is mainly for the businessentrepreneurs. This type of index is used to determine the outcome ofa stock market and also the conclusion of a stock market. The stock

29
http://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linuxhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Weight_functionhttp://en.wikipedia.org/wiki/Dividendhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Wilshire_4500http://en.wikipedia.org/wiki/Wilshire_5000http://en.wikipedia.org/wiki/Wilshire_5000http://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linuxhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Weight_functionhttp://en.wikipedia.org/wiki/Dividendhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Wilshire_4500http://en.wikipedia.org/wiki/Wilshire_5000http://en.wikipedia.org/wiki/Wilshire_5000


30/30

market index is important because a countrys economical statesometimes depend on it.

ConclusionAfter doing research, answering

questions, drawing graphs and someproblem solving, I saw that the usageof statistics is important in daily life. Itis not just widely used in markets but

also in interpreting the condition ofthe surrounding like the air or thewater. Especially in conducting an air-pollution survey. In conclusion,statistics is a daily life necessary.Without it, surveys cant be

conducted, the stock market cant beinterpret and many more. So, weshould be thankful of the people whocontribute in the idea of statistics.

Keseluruhan +Math Da Abes!

Documents

Transcript of Keseluruhan +Math Da Abes!