An index value increases over a 6-month period. For each month from 1 to 6, the index value is calculated by increasing the previous month's value by and then rounding the result to the nearest integer (with half-integers rounded up). Let represent the exact unrounded compounded value at month 6.
Which of the following statements must be true? Select all such statements.
- Cevap
- BThe exact unrounded value is strictly greater than the rounded index value .
- The sequence of monthly increments for is strictly increasing.Cevap
- DThe sum of the first two monthly fractional growth rates, , is equal to .
- EThe exponential growth factor is equivalent to .
Cevap
The statement specifying that and the statement asserting that the sequence of monthly increments is strictly increasing are both correct.
The statement giving is correct because , which rounds up to . The statement regarding the sequence of monthly increments is correct because the increments strictly increase.
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Error propagation in recursive sequence rounding and non-distributivity of exponents over sums
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