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chain index method

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  • Method of characteristics — In mathematics, the method of characteristics is a technique for solving partial differential equations. Typically, it applies to first order equations, although more generally the method of characteristics is valid for any hyperbolic partial… …   Wikipedia

  • Personal consumption expenditures price index — The PCE price index (PCEPI) (or PCE deflator, PCE price deflator, Implicit Price Deflator for Personal Consumption Expenditures (IPD for PCE) (by the BEA), Chain type Price Index for Personal Consumption Expenditures (CTPIPCE) (by the FOMC )) is… …   Wikipedia

  • Hedonic index — Hedonic indexHedonic index is any price index, which uses information from hedonic regression. Hedonic regression describes how product price could be explained by the product scharacteristics. Hedonic price indexes proved to be very useful when… …   Wikipedia

  • Nearest-neighbor chain algorithm — In the theory of cluster analysis, the nearest neighbor chain algorithm is a method that can be used to perform several types of agglomerative hierarchical clustering, using an amount of memory that is linear in the number of points to be… …   Wikipedia

  • Markov chain Monte Carlo — MCMC redirects here. For the organization, see Malaysian Communications and Multimedia Commission. Markov chain Monte Carlo (MCMC) methods (which include random walk Monte Carlo methods) are a class of algorithms for sampling from probability… …   Wikipedia

  • Monte Carlo method — Not to be confused with Monte Carlo algorithm. Computational physics …   Wikipedia

  • Markov chain — A simple two state Markov chain. A Markov chain, named for Andrey Markov, is a mathematical system that undergoes transitions from one state to another, between a finite or countable number of possible states. It is a random process characterized …   Wikipedia

  • Big Mac Index — A McDonalds Big Mac. The Big Mac Index is published by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing …   Wikipedia

  • Price index — A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or services in a given region, during a given interval of time. It is a statistic designed to… …   Wikipedia

  • Scientific method — …   Wikipedia

  • Matrix chain multiplication — is an optimization problem that can be solved using dynamic programming. Given a sequence of matrices, we want to find the most efficient way to multiply these matrices together. The problem is not actually to perform the multiplications, but… …   Wikipedia

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