What is chain based index numbers?, Mathematics

Assignment Help:

What is Chain Based Index Numbers?

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

                64_What is Chain Based Index Numbers.png


Related Discussions:- What is chain based index numbers?

Determine the angle of depression to a ship, From the top of a 200 m lighth...

From the top of a 200 m lighthouse, the angle of depression to a ship in the ocean is 23 . How far is the ship form the base of the lighthouse?

Equations in linear algebra and matrices, Equations in linear algebra and m...

Equations in linear algebra and matrices What is Equations in linear algebra and matrices?

Conditional probability: independent events, Conditional Probability: Indep...

Conditional Probability: Independent Events If the probability of an event is subject to a restriction on the sample space, the probability is said to be conditional. Co

Accuray and Precision, If an instrument has precision of +-1, can it detect...

If an instrument has precision of +-1, can it detect a value of 1.3?

Geometry, calculate the area of a trapezoid with height 8cm base 18cm and 9...

calculate the area of a trapezoid with height 8cm base 18cm and 9cm

Define a complete lattice, Define a complete lattice and give one example. ...

Define a complete lattice and give one example. Ans:  A lattice (L, ≤) is said to be a complete lattice if, and only if every non-empty subset S of L has a greatest lower bound

Prove that 7cot - 3cosec = 3, If 7 cosec?-3cot? = 7, prove that 7cot? - 3co...

If 7 cosec?-3cot? = 7, prove that 7cot? - 3cosec? = 3. Ans:    7 Cosec?-2Cot?=7 P.T 7Cot? - 3 Cosec?=3 7 Cosec?-3Cot?=7 ⇒7Cosec?-7=3Cot? ⇒7(Cosec?-1)=3Cot? ⇒7(C

Innovation, In the innovations algorithm, show that for each n = 2, the inn...

In the innovations algorithm, show that for each n = 2, the innovation Xn - ˆXn is uncorrelated with X1, . . . , Xn-1. Conclude that Xn - ˆXn is uncorrelated with the innovations X

Interpretation of the second derivative, Interpretation of the second deriv...

Interpretation of the second derivative : Now that we've discover some higher order derivatives we have to probably talk regarding an interpretation of the second derivative. I

Find the maxima or minima and green theorem, 1) find the maxima and minima ...

1) find the maxima and minima of f(x,y,z) = 2x + y -3z subject to the constraint 2x^2+y^2+2z^2=1 2)compute the work done by the force field F(x,y,z) = x^2I + y j +y k in moving

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