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  2. Perforated hardboard - Wikipedia

    en.wikipedia.org/wiki/Perforated_hardboard

    Perforated hardboard is tempered hardboard which is pre-drilled with evenly spaced holes. The holes are used to accept pegs or hooks to support various items, and perforated hardboards are therefore used for purposes such as tool boards in workshops. Peg-Board is an expired trademark used as a brand name by the Masonite Corporation, first used ...

  3. Purdue Pegboard Test - Wikipedia

    en.wikipedia.org/wiki/Purdue_Pegboard_Test

    The Purdue Pegboard Test is a psychomotor test of manual dexterity and bimanual coordination. [ 1] The test involves two different abilities: gross movements of arms, hands, and fingers, and fine motor extremity, also called "fingerprint" dexterity. [ 2] Poor Pegboard performance is a sign of deficits in complex, visually guided, or coordinated ...

  4. Price elasticity of demand - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_demand

    A good's price elasticity of demand ( , PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good ( law of demand ), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent ...

  5. Galton board - Wikipedia

    en.wikipedia.org/wiki/Galton_board

    The Galton board, also known as the Galton box or quincunx or bean machine, is a device invented by Francis Galton [ 1] to demonstrate the central limit theorem, in particular that with sufficient sample size the binomial distribution approximates a normal distribution. Among its applications, it afforded insight into regression to the mean or ...

  6. Fixed exchange rate system - Wikipedia

    en.wikipedia.org/wiki/Fixed_exchange_rate_system

    A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency 's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold . There are benefits and risks to using a fixed exchange rate system.

  7. Elasticity of substitution - Wikipedia

    en.wikipedia.org/wiki/Elasticity_of_substitution

    Elasticity of substitution is the ratio of percentage change in capital-labour ratio with the percentage change in Marginal Rate of Technical Substitution. [1] In a competitive market, it measures the percentage change in the two inputs used in response to a percentage change in their prices. [2] It gives a measure of the curvature of an ...

  8. U.S. Producer Price Index - Wikipedia

    en.wikipedia.org/wiki/U.S._Producer_Price_Index

    US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978. It is published by the Bureau of Labor ...

  9. Price elasticity of supply - Wikipedia

    en.wikipedia.org/wiki/Price_elasticity_of_supply

    Price elasticity of supply, in application, is the percentage change of the quantity supplied resulting from a 1% change in price. Alternatively, PES is the percentage change in the quantity supplied divided by the percentage change in price. When PES is less than one, the supply of the good can be described as inelastic.

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