2024-02-29 ISBIS: The perfect composite index does not exist (but we have to use it) from is 29 a composite number or prime Watch Video
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⏲ Duration: 38 min 25 sec ✓ Published: 01-Mar-2024
Description: Abstract: Composite indices are increasingly recognized as a useful tool for measuring complex and multidimensional phenomena, such as development, poverty, quality of life, well-being, globalization, competitiveness, freedom, and so on. Technically, a composite index is a mathematical combination of a set of indicators representing the different dimensions of a phenomenon to be measured. The idea of summarizing a complex phenomenon into a single number is not straightforward, as it implies both
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