On thursday, i had no clue what was going on.
we talked about how an index works. this is the most simplified ratio when making a ratio on a quantitative observation.
We use index making when there is something moving per a time measure.
suppose a pop corn machine makes 10 corns in the period of 7 seconds. This is a ration of how it looks before simplification
10/7=?/1
so, we divide the ten by seven and get 1.428.
that was the rate of how many kernels were popped in one second. this is a simplified index.
This is important to us because we should be able to know how to calculate simplified ratios for different rates.
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