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?

Percentage, At an office, the manager earns 40% more than a first year empl...

At an office, the manager earns 40% more than a first year employees. The employee earns what fraction of the manager earnings?

Example of regression equation, Example of Regression Equation An inve...

Example of Regression Equation An investment company advertised the sale of pieces of land at different prices. The given table shows the pieces of land their costs and acreag

theoretical minimum number of stations, A company is setting up an assembl...

A company is setting up an assembly line to produce 100 units/hour. The table shown below identifies the work elements, times, and immediate predecessors. a)      What cycle tim

Find the sides of the two squares, The sum of areas of two squares is 468m ...

The sum of areas of two squares is 468m 2  If the difference of their perimeters is 24cm, find the sides of the two squares. Ans:    Let the side of the larger square be x .

Definition of logarithms, Q. Definition of Logarithms? Ans. A loga...

Q. Definition of Logarithms? Ans. A logarithm to the base a of a number x is the power to which a is raised to get x. In equation format: If x = a y , then log a  x

Mensuration of plane figures, a sail has a spread of canvas as measured 12'...

a sail has a spread of canvas as measured 12'',12'', 15'' and 9'' and it has 90 degrees. Find the area of one side of the sail

Integers, What are some equations for 36?

What are some equations for 36?

#title.square footage, The area of a rectangular yard is 480 square feet. T...

The area of a rectangular yard is 480 square feet. The yard is 24 feet wide. How many feet do I need to fence all four sides?

If 0.3 is added to 0.2 times the quantity x - 3, If 0.3 is added to 0.2 tim...

If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5. What is the value of x? The statement, "If 0.3 is added to 0.2 times the quantity x - 3, the result is 2.5,

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