project add math 2010 index number ver 2003

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    OBJECTIVES

    We students taking Additional Mathematics are required to carry out a project work while we

    are in Form 5.This year the Curriculum Development Division, Ministry of Education has

    prepared four tasks for us.We are to choose and complete only ONE task based on our area of

    interest.This project can be done in groups or individually,but each of us are expected to submitan individually written report.Upon completion of the Additional Mathematics Project Work,we

    are to gain valuable experiences and able to:

    Apply and adapt a variety of problem solving strategies to solve routine and non-

    routine problems;

    Experience classroom environments which are challenging, interesting and meaningful

    and hence improve their thinking skills.

    Experience classroom environments where knowledge and skills are applied in

    meaningful ways in solving real-life problems

    Experience classroom environments where expressing ones mathematical

    thinking,reasoning and communication are highly encouraged and expected

    Experience classroom environments that stimulates and enhances effective learning.

    Acquire effective mathematical communication through oral and writing,and to use the

    language of mathematics to express mathematical ideas correctly and precisely

    Enhance acquisition of mathematical knowledge and skills through problem-solving in

    ways that increase interest and confidence

    Prepare ourselves for the demand of our future undertakings and in workplace

    Realise that mathematics is an important and powerful tool in solving real-life problems

    and hence develop positive attitude towards mathematics.

    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 ICT appropriately and effectively

    Train ourselves to appreciate the intrinsic values of mathematics and to become more

    creative and innovative

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    Realize the importance and the beauty of mathematics

    FOREWARD

    First of all, I would like to say Alhamdulillah, for giving me the strength and health to do this

    project work. Not forgotten my parents for providing everything, such as money, to buy anything

    that are related to this project work and their advise, which is the most needed for this project.

    Internet, books, computers, and etc. They also supported me and encouraged me to complete this

    task so that I will not procrastinate in doing it. Then I would like to thank my teacher, MrsPn.

    Ong Yoke Bee for guiding me and my friends throughout this project. We had some difficulties

    in doing this task, but she taught us patiently until we knew what to do. She tried and tried to

    teach us until we understand what we supposed to do with the projectwork.Last but not least, my

    friends who were doing this project with me and sharing our ideas. They were helpful that when

    we combined and discussed together, we had this task done.

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    HISTORY OF INDEX NUMBER

    Index numbers are meant to study the change in the effects of such factors which cannot be

    measured directly. According to Bowley, Index numbers are used to measure the changes in some

    quantity which we cannot observe directly. For example, changes in business activity in a country

    are not capable of direct measurement but it is possible to study relative changes in business activity

    by studying the variations in the values of some such factors which affect business activity, and

    which are capable of direct measurement.

    Index numbers are commonly used statistical device for measuring the combined fluctuations

    in a group related variables. If we wish to compare the price level of consumer items today with that

    prevalent ten years ago, we are not interested in comparing the prices of only one item, but in

    comparing some sort of average price levels. We may wish to compare the present agricultural

    production or industrial production with that at the time of independence. Here again, we have to

    consider all items of production and each item may have undergone a different fractional increase (or

    even a decrease). How do we obtain a composite measure? This composite measure is provided by

    index numbers which may be defined as a device for combining the variations that have come in

    group of related variables over a period of time, with a view to obtain a figure that represents the

    net result of the change in the constitute variables.

    Index numbers may be classified in terms of the variables that they are intended to measure. In

    business, different groups of variables in the measurement of which index number techniques are

    commonly used are (i) price, (ii) quantity, (iii) value and (iv) business activity. Thus, we have

    index of wholesale prices, index of consumer prices, index of industrial output, index of value of

    exports and index of business activity, etc. Here we shall be mainly interested in index numbers

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    of prices showing changes with respect to time, although methods described can be applied to

    other cases. In general, the present level of prices is compared with the level of prices in the past.

    Thepresent period is called the current period and some period in the past is called the base

    period.

    Index Numbers:

    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.

    Simple Index Number:

    A simple index number is a number that measures a relative change in a single variable

    with respect to a base.

    Composite Index Number:

    A composite index number is a number that measures an average relative changes in a

    group of relative variables with respect to a base.

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    Add Maths : Projek Work 4/2010

    Part 1(a)

    The price of goods sold in shop vary from one shop to another. Shoppers tend to buy goods

    which are not only reasonably price but also give value for their money.

    You are required to carry out a survey on four different items based on the following categories

    i.e. food,detergent and stationery. The survey should be done in three differnt shop.

    (a) Collect picture,newspaper cuttings or photos on item that you have chosen. Design a

    collage to illustrate the chosen item.

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    Part 1(b):

    Record the item and their prices systematically as such in Table 1. Since item may be differently

    packed, be sure to use consistent measurements for each item selected so that comparison can be

    done easily and accurately

    The data in the table below is only serve as a REFERENCE to you:

    Category Item Tesco Giant The Store

    Food Self-rising flour 2.70 3.70 3.30

    Sugar 1.80 1.60 1.35

    Butter 3.60 3.80 4.50

    Eggs (Gred A) 3.60 2.90 3.00

    Total Price 11.70 12.00 12.15

    Detergent Washing Powder 19.00 21.00 20.50

    Dish Washer 4.00 3.20 3.10

    Liquid Bleach 6.00 5.50 4.90Tile Cleaner 10.20 9.80 9.50

    Total Price 39.20 39.50 38.00

    Stationery Pencil(Shaker) 8.90 9.20 8.20

    Highlighter 3.50 3.40 3.10

    Permanent

    Marker

    3.50 2.90 3.80

    Card Indexing 14.70 15.00 16.00

    Grand Total 81.50 82.00 82.15

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    Part 1(c):

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

    contrast the price of the item chosen.

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    Part 1 (d):

    Based on the graphical representations that you have constructed in part 1(c), interpret, discuss

    and draw consclusion. Comment on your findings.

    Based on the graphical representations that I have constructed in Part 1(c), it is shown that thereare large and small differences among the prices of items in each category between the shops.In

    the food category, the smallest price difference are of those of sugar, while the highest is the

    price of eggs. Besides food, detergent also shows a large price difference between its items.

    Among them is the price of liquid dishwasher and clothes detergent. On the other hand,stationery

    items doesnt have any obvious price difference. The graph also show that most of the items that

    are high priced comes from the Boulevard Supermarket, while the lowest price items come from

    the Discount Store.The graph 1(d) will show the conclusion of the difference among the shops

    based upon the shops grand total.

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    Part 1(e):

    The item that has a large price difference = washing powder

    Mean , X = = = = 20.20 (2dp)

    Standard deviation =

    =

    =

    =0.8498

    Reason of difference in price :

    Bulk buying from the retailer gives the lower cost resulted in lower relling price.

    Hypermarket own brands are much cheaper than the expansive brand-dont involve in

    advertiving resulted in lower selling price

    Sales and discount offer by the supermarket.

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    Part 2(a)

    Every year SMK Indah organises a carnival to raise funds for the school. This year the school

    plans to install air conditioners in school libary. Last year, during the carnival, your class made

    and sold butter cakes. Because of the popularity of butter cakes, your class has decided to carry

    out the same project for this yera carnival.

    (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 : Shop A will be the choice.offer the cheapest pricer.

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    Part 2(b) :

    I. Complete Table 2 with the prices of items found in the shop/supermarket that you have

    chosen.

    Ingredient Quantity per cake Price in 2009

    (Rm)

    Price in 2010

    (RM)

    Price index 2010

    based 2009

    P =

    Self-raising

    flour

    250g 0.90 0.675

    Sugar 200g 0.35 0.36

    Butter 250g 3.30 3.60

    Eggs (Grade A) 5eggs(300g) 1.25 1.80

    II. Compoite index =

    =

    =

    = 109.797

    III. 109.797 =

    =

    Thus,

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    Part 2(c) :

    i. Find out from reliable sources how to determine suitable capacity of air-conditioner to be

    installed based on volume/size of a room.

    ii. Work in group to estimate the volume of yout school libary. Explain how you arrive at your

    answer. Hence, determine the number of air conditioners with the appropriate capacity

    required for your libary.

    iii. If your class intends to sponsor one air conditioner for the school libary, how many buttercakes must your class sell in order to buy the air conditioner?

    Reliable sources from the internet

    from the technician (electrical/home suppliance)

    Volume = Area of the libary Height of the libary

    determine the shape of the libary from plan of the libary

    determine how to find the area according to yhe shape of the libary.

    determine the height.

    determine the average number of student enter the libary at yhe peak hour check with the data from (a), estimate the number of air conditioner needed

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    Part 3

    As a commite member for the carnivel, you are required to prepared an estimate budget to

    organise this years carnival. The commite has take into consideration the increase in expenditure

    from the privious year due to inflation. The price of food, trasportation and tents has increased by

    15%. The cost of games, prizes and decorations remains the same, where as the cost ofmiscellaneous items has increased by 30%.

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

    Expenditure Amount

    in 2009(RM)

    Amount in 2010

    (RM)

    Price

    Index

    Weight

    Food 1200.00 1.15 1200 = 1380 115 12

    Games 500.00 1 500 = 500 100 5

    Transportation 300.00 1.15 300 = 345 115 9

    Decorations 200.00 1 200 = 200 100 2

    Prizes 600.00 1 600 = 600 100 6

    Tents 800.00 1.15 800 = 920 115 8

    Miscellaneous 400.00 1.3 400 = 520 130 4

    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.

    c) The change in the composite index for the estimated 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.

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    Given that

    Thus,

    =

    = 124.60 (2 d.p)

    FURTHER EXPLONATION

    Index numbers are being used in many different daily situations, for example air pollution index,

    stock market index, gold index and property index.

    Obtain information from the internet or other reliable sources on the importance of two different

    types of index number of your choice. Elaborate the use and the importance of these index

    numbers in daily life.

    Air Pollution Index

    Air pollution is the introduction ofchemicals, particulate matter, orbiological 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.Stratospheric ozone 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) orPollutant

    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

    http://en.wikipedia.org/wiki/Chemicalhttp://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/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
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    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.

    Limitations of the AQI

    Most air contaminants do not have an associated AQI. Many countries monitorground-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 ortemperature inversion, or other lack ofwindslets air

    pollution remain in a local area.

    Indices by location

    South Korea

    The Ministry of Environment of South Korea uses the Comprehensice 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, the highest is the

    CAI value.

    http://en.wikipedia.org/wiki/Ground-level_ozonehttp://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/Windhttp://en.wikipedia.org/wiki/Windhttp://en.wikipedia.org/wiki/Windhttp://en.wikipedia.org/wiki/Air_pollutionhttp://en.wikipedia.org/wiki/Air_pollutionhttp://en.wikipedia.org/wiki/Ground-level_ozonehttp://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/Windhttp://en.wikipedia.org/wiki/Air_pollutionhttp://en.wikipedia.org/wiki/Air_pollution
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    Malaysia

    CAI Description Health Implications

    0-50 GoodA level that will not impact patients suffering from diseases related toair pollution.

    51-

    100Moderate

    A level which may have a meager impact on patients in case of chronic

    exposure.

    101-150 Unhealthy forsensitive groups A level that may have harmful impacts on patients and members ofsensitive groups.

    151-

    250Unhealthy

    A level that may have harmful impacts on patients and members ofsensitive groups (children, aged or weak people), and also cause the

    general public unpleasant feelings.

    251-

    350Very unhealthy

    A level which may have a serious impact on patients and members of

    sensitive groups in case of acute exposure.

    351-500

    Hazardous

    A level which may need to take emergency measures for patients and

    members of sensitive groups and have harmful impacts on the generalpublic.

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    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.

    Stock Market Index

    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/Malaysiahttp://en.wikipedia.org/wiki/Particulatehttp://en.wikipedia.org/wiki/State_of_emergency
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    A comparison of three major U.S. stock indices: theNASDAQ Composite,Dow Jones Industrial

    Average, andS&P 500. All three have the same height at March 2007. Notice the largedot-

    com spike on the NASDAQ, a result of the large number of tech. companies on that index.

    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 asbenchmarks, to measure the

    performance ofportfoliossuch 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

    examples are 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 JapaneseNikkei 225, and the BritishFTSE

    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 theNew York Stock Exchange (but

    notADRs) and most traded on theNASDAQ and American Stock Exchange. Russell Investment

    Group added to the family of indices by launching theRussell Global Index.

    http://en.wikipedia.org/wiki/Nasdaq_Compositehttp://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/Dot-com_bubblehttp://en.wikipedia.org/wiki/Dot-com_bubblehttp://en.wikipedia.org/wiki/Stock_markethttp://en.wikipedia.org/wiki/Benchmarkinghttp://en.wikipedia.org/wiki/Portfolio_(finance)http://en.wikipedia.org/wiki/Portfolio_(finance)http://en.wikipedia.org/wiki/Mutual_fundhttp://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/FTSE_100http://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/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/wiki/File:Comparison_of_three_stock_indices_after_1975.svghttp://en.wikipedia.org/wiki/File:Comparison_of_three_stock_indices_after_1975.svghttp://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/Dot-com_bubblehttp://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/FTSE_100http://en.wikipedia.org/wiki/United_Stateshttp://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.asp
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    More specialised indices exist tracking the performance of specific sectors of the market.

    The Morgan Stanley Biotech Index, for example, consists of 36 Americanfirms in

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

    management, or even more specialized criteria one index published byLinux 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.[1] These versions can differ based on

    how the index components areweighted and on howdividendsare 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, which accounts for dividend reinvestment, and net total return, whichaccounts 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 pollution index and stock market index

    As everyone can see,the air pollution index is use by the government to measure the air

    quality index and to detect any pollutants 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 the air pollution is to

    high for us to get out of our homes. This warning is given based upon readings and

    interpretations of the air pollution index.

    As for the stock market index, it is mainly for the business entrepreneurs. This type of index is

    used to determine the outcome of a stock market and also the conclusion of a stock market. The

    stock market index is important because a countrys economical state sometimes depend on it.

    CONCLUSION

    http://en.wikipedia.org/w/index.php?title=Morgan_Stanley_Biotech_Index&action=edit&redlink=1http://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/United_Stateshttp://en.wikipedia.org/wiki/Biotechnologyhttp://en.wikipedia.org/wiki/Biotechnologyhttp://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linuxhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Stock_market_index#cite_note-0http://en.wikipedia.org/wiki/Weight_functionhttp://en.wikipedia.org/wiki/Weight_functionhttp://en.wikipedia.org/wiki/Dividendhttp://en.wikipedia.org/wiki/Dividendhttp://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/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/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linux_Weekly_Newshttp://en.wikipedia.org/wiki/Linuxhttp://en.wikipedia.org/wiki/S%26P_500http://en.wikipedia.org/wiki/Stock_market_index#cite_note-0http://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_5000
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    After doing research, answering questions, drawing graphs and some problem solving, I

    saw that the usage of index number is important in daily life. It is not just widely used in

    markets but also in interpreting the condition of the surrounding like the air or the water.

    Especially in conducting an air-pollution survey. In conclusion, statistics is a daily life

    essecities. Without it, surveys cant be conducted, the stock market cant be interpret and

    many more. So ,we should be thankful of the people who contribute in the idea of statistics.

    REFLECTION

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    After spending countless hours, days and night to finish this project and also sacrificing my

    time video games and magazine in this mid year holiday, there are several things that I can say...

    Additional Mathematics...

    From the day I born...

    From the day I was able to holding pencil...

    From the day I start learning...

    And ...

    From the day I heard your name...

    I always thought that you will be my greatest obstacle and rival in excelling

    in my life...

    But after countless of hours...

    Countless of days ...

    Countless of nights ...

    After sacrificing my precious time just for you...

    Sacrificing my Computer Games...

    Sacrificing my Video Games...

    Sacrificing my Facebook ...

    Sacrificing my Internet...

    Sacrificing my Anime...

    Sacrificing my magazine...

    I realized something really important in you...

    I really love you...

    You are my real friend...

    You my partner...

    You are my soulmate...

    I LOVE U ADDITIONAL MATHEMATICS...