Chain based index numbers, Mathematics

Assignment Help:

What is Chain Based Index Numbers?


Related Discussions:- Chain based index numbers

Simultaneous equations by substitution, Simultaneous equations by substitut...

Simultaneous equations by substitution: Solve the subsequent simultaneous equations by substitution. 3x + 4y = 6      5x + 3y = -1 Solution: Solve for x: 3x = 6

Mutually exclusive events, Mutually Exclusive Events A set of events i...

Mutually Exclusive Events A set of events is said to be mutually exclusive if the occurrence of any one of the events precludes the occurrence of any of the other events for i

Rate of change interpretation of derivative, Rate of Change : The first in...

Rate of Change : The first interpretation of derivative is rate of change.  It was not the primary problem which we looked at in the limit chapter, however it is the most signific

Slope of tangent line, Slope of Tangent Line : It is the next major interp...

Slope of Tangent Line : It is the next major interpretation of the derivative. The slope of the tangent line to f ( x ) at x = a is f ′ ( a ) . Then the tangent line is given by,

Example of developing an understanding, In class 1, the teacher had written...

In class 1, the teacher had written down the digits 0,1, ...., 9 on the board. Then she made all the children recite the corresponding number names. Finally, she made them write th

How to converting scientific notation to standard notation , How to Convert...

How to Converting Scientific Notation to Standard Notation ? To change a number in scientific notation to standard notation, move the decimal point the same number of places as

Hundreths., round to the nearest hundreths 1677.76

round to the nearest hundreths 1677.76

Discrete mathmatics, give an example of a relation R that is transitive whi...

give an example of a relation R that is transitive while inverse of R is not

Determination of the regression equation, Determination of the Regression E...

Determination of the Regression Equation The determination of the regression equation such given above is generally done by using a technique termed as "the method of least sq

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