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?

Variation, If p=10 when q=2,find p when q=5

If p=10 when q=2,find p when q=5

Unitary methods, john walked to school at an average speed of 3 miles/hr a...

john walked to school at an average speed of 3 miles/hr and jogged back along the same route at 5miles/hr. if his total time was 1 hour, what was the total number of miles in the

Which expression below is equal to 5, Which expression below is equal to 5?...

Which expression below is equal to 5? The correct order of operations must be used here. PEMDAS tells you in which you should do the operations in the subsequent order: Pare

Find out the value of n element of a set, A set consists of (2n+1) elements...

A set consists of (2n+1) elements. If the number of subsets of this set which consist of at most n elements is 8192. Find out the value of n. Ans: The following set has (2n + 1

Course work2 , (b) The arity of an operator in propositional logic is the n...

(b) The arity of an operator in propositional logic is the number of propositional variables that it acts on – for example, binary operations (e.g, AND, OR, XOR…) act on two propo

Determine the area of the matting, A circular print is being matted in a sq...

A circular print is being matted in a square frame. If the frame is 18 in by 18 in, and the radius of the print is 7 in, what is the area of the matting? (π = 3.14) a. 477.86 in

If a differential equation does have a solution can we find?, It may seem l...

It may seem like an odd question to ask and until now the answer is not all the time yes. Just as we identify that a solution to a differential equations exists does not implies th

Relating addition and subtraction, RELATING ADDITION AND SUBTRACTION :  In...

RELATING ADDITION AND SUBTRACTION :  In the earlier sections we have stressed the fact that to help children understand addition or subtraction, they need to be exposed to various

Cubic math, A fish tank has the base area of 45 cm3 and is filled to the de...

A fish tank has the base area of 45 cm3 and is filled to the depth of 12 cm.If the height is 25 cm then how much more will be needed to fill the rest of the tank?

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