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?

Statistics, How do I choose a distribution test for a sample size of 60? Pr...

How do I choose a distribution test for a sample size of 60? Probability of rolling a 4 on a six sided die.

Longer- term forecasting, Longer- Term Forecasting Moving averages, ex...

Longer- Term Forecasting Moving averages, exponential smoothing and decomposition methods tend to be utilized for short to medium term forecasting. Longer term forecasting is

How much money did carlie have after she had paid her friend, Carlie receiv...

Carlie received x dollars every hour she spent babysitting. She babysat a total of h hours. She then gave half of the money to a friend who had stopped through to help her. How muc

The normal approximation to the binomial , A certain flight arrives on time...

A certain flight arrives on time 78% of the time. Suppose 1000 flights are randomly selected. Use the normal approximation to the binomial to approximate the probability that

Develop a linear algebraic equation, Introduction: "Mathematical liter...

Introduction: "Mathematical literacy is an individual's capacity to identify and understand the role that mathematics plays in the world, to make well-founded judgments, and t

Argument, what is the difference between argument and principle argument

what is the difference between argument and principle argument

Word problems involving money, Word Problems Involving Money: The prom...

Word Problems Involving Money: The promoter of a track meet engages a 6,000 seat armory.  He needs to gross $15,000. The price of children's tickets is to be one-half the pric

Trigonometry, In the riangle ABC the AB=12 cm,AC=28 cm and angle ABC=120 de...

In the riangle ABC the AB=12 cm,AC=28 cm and angle ABC=120 degrees.BC=?

Forced - damped vibrations, It is the full blown case where we consider eve...

It is the full blown case where we consider every final possible force which can act on the system. The differential equation in this case, Mu'' + γu'  + ku = F( t) The displ

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