Chain based index numbers, Mathematics

Assignment Help:

What is Chain Based Index Numbers?


Related Discussions:- Chain based index numbers

Calculate the profit of company, Company A and Company B have spent a lot o...

Company A and Company B have spent a lot of money on research to develop a cure for the common cold. Winter is approaching and there is certainly going to be a lot of demand for th

Melisa and jennifer threw a fiftieth how much is a 20% tip, Melisa and Jenn...

Melisa and Jennifer threw a fiftieth birthday party for their father at a local restaurant. While the bill came, Melisa added a 15% tip of $42. Jennifer said in which the service w

Determine the other two sides of the triangle, The radius of the in circle ...

The radius of the in circle of a triangle is 4cm and the segments into which one side is divided by the point of contact are 6cm and 8cm.  Determine the other two sides of the tria

Ratio, how can i solve it

how can i solve it

Hierarchical structures-how mathematical ideas grow, Hierarchical Structure...

Hierarchical Structures :  As the abstractions from concrete objects and materials become more and more general, they represent wider and wider ideas. If we put down each step of

Evaluate performance of mental arithmetic maths, E 1) Try the two activitie...

E 1) Try the two activities detailed above with a few children around you Evaluate whether they really helped to improve the children's performance of mental arithmetic. Anot

Basic differential equation, Two 1000 liter tanks are containing salt water...

Two 1000 liter tanks are containing salt water. Tank 1 has 800 liters of water initially having 20 grams of salt dissolved in this and tank 2 has 1000 liters of water and initially

Standard interpretations to derivatives, Standard interpretations to deriva...

Standard interpretations to derivatives Example   Assume that the amount of money in a bank account is specified by                                       P (t ) = 500 + 10

What is order of operations simplifying expressions, What is Order of Opera...

What is Order of Operations Simplifying Expressions? Kevin gives Don directions to his house: "Go left 3 blocks and then go right 2 blocks." Don wasn't paying close attention.

Relative frequency definition, Relative Frequency  This type of probab...

Relative Frequency  This type of probability requires us to make some qualifications. We define probability of event A, occurring as the proportion of times A occurs, if we re

Archie

2/12/2013 6:38:00 AM

A chain based index is one whereas the index is calculated every year by using the previous year as the base year. This kind of index measures rate of change from year to year. This method is appropriate where weights are changing rapidly and items are constantly being brought into the index and unwanted items taken out. This can be a quantity or price index.

 

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd