What is the Index of welth?
What is the Index of welth?
Homework Answers
The wealth index is an elaborate measure of a household's living
standard. It is calculated using data about a household's ownership
of assets, types of water access and sanitation facilities. A
procedure called "principal component analysis" is used to place
homes on a continuous scale of wealth - this scale is relative. The
wealth index is valuable in countries that do not have access to
data on income and expenditures (traditional indicators of economic
status)
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what might be the refractive index of the glass
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24. Why do most mutual funds underperform their benchmark index? 25. What is an index fund?
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