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  2. List of price index formulas - Wikipedia

    en.wikipedia.org/wiki/List_of_price_index_formulas

    It was inadequate for that purpose. In particular, if the price of any of the constituents were to fall to zero, the whole index would fall to zero. That is an extreme case; in general the formula will understate the total cost of a basket of goods (or of any subset of that basket) unless their prices all change at the same rate.

  3. Positive and negative predictive values - Wikipedia

    en.wikipedia.org/wiki/Positive_and_negative...

    The positive predictive value (PPV), or precision, is defined as = + = where a "true positive" is the event that the test makes a positive prediction, and the subject has a positive result under the gold standard, and a "false positive" is the event that the test makes a positive prediction, and the subject has a negative result under the gold standard.

  4. Rate (mathematics) - Wikipedia

    en.wikipedia.org/wiki/Rate_(mathematics)

    In fact, often rate is a synonym of rhythm or frequency, a count per second (i.e., hertz); e.g., radio frequencies or sample rates. In describing the units of a rate, the word "per" is used to separate the units of the two measurements used to calculate the rate; for example, a heart rate is expressed as "beats per minute".

  5. Binomial proportion confidence interval - Wikipedia

    en.wikipedia.org/wiki/Binomial_proportion...

    The probability density function (PDF) for the Wilson score interval, plus PDF s at interval bounds. Tail areas are equal. Since the interval is derived by solving from the normal approximation to the binomial, the Wilson score interval ( , + ) has the property of being guaranteed to obtain the same result as the equivalent z-test or chi-squared test.

  6. Standardized rate - Wikipedia

    en.wikipedia.org/wiki/Standardized_rate

    For example, in a community made up of primarily young couples, the birthrate might appear to be high when compared to that of other populations. However, by calculating the standardized birthrates that is by comparing the same age group in other populations), a more realistic picture of childbearing capacity will be developed. [citation needed]

  7. Weibull distribution - Wikipedia

    en.wikipedia.org/wiki/Weibull_distribution

    The form of the density function of the Weibull distribution changes drastically with the value of k. For 0 < k < 1, the density function tends to ∞ as x approaches zero from above and is strictly decreasing. For k = 1, the density function tends to 1/λ as x approaches zero from above and is

  8. Compound annual growth rate - Wikipedia

    en.wikipedia.org/wiki/Compound_annual_growth_rate

    Compound annual growth rate (CAGR) is a business, economics and investing term representing the mean annualized growth rate for compounding values over a given time period. [1] [2] CAGR smoothes the effect of volatility of periodic values that can render arithmetic means less meaningful. It is particularly useful to compare growth rates of ...

  9. Gross reproduction rate - Wikipedia

    en.wikipedia.org/wiki/Gross_reproduction_rate

    The gross reproduction rate (GRR) is the average number of daughters a woman would have if she survived all of her childbearing years, which is roughly to the age of 45, subject to the age-specific fertility rate and sex ratio at birth throughout that period. This rate is a measure of replacement fertility if mortality is not in the equation. [1]