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?

Characteristic, mention the characteristic of mathematic

mention the characteristic of mathematic

Product rule (f g)' = f ' g + f g', Product Rule: (f g)′ = f ′ g + f g′ ...

Product Rule: (f g)′ = f ′ g + f g′ As with above the Power Rule, so the Product Rule can be proved either through using the definition of the derivative or this can be proved

Compute the probability, From past experience a machine is termed to be set...

From past experience a machine is termed to be set up correctly on 90 percent of occasions.  If the machine is set up correctly then 95 percent of good parts are expected however i

staticis, a statisics professor plans classes so carefully that the length...

a statisics professor plans classes so carefully that the lengths of her classes are uniformly distributed between 46.0 and 56.0 minutes. find the probability that a given class pe

Determine the order of the local truncation error, The backwards Euler diff...

The backwards Euler difference operator is given by for differential equation y′ = f(t, y). Determine the order of the local truncation error. Explain why this difference o

Binomial theorem, use the expansion of (1-x)^7 to find the value of 1.998^7...

use the expansion of (1-x)^7 to find the value of 1.998^7 correct to five significant figures

The length of the field is 2 more than twice the width field, Samantha owns...

Samantha owns a rectangular field that has an area of 3,280 square feet. The length of the field is 2 more than twice the width. What is the width of the field? Let w = the wid

How many baseball cards does peter now have, Peter purchased 14 latest base...

Peter purchased 14 latest baseball cards for his collection. This increased the size of his collection through 35%. How many baseball cards does Peter now have? First, you must

Rounding, i need somehelp i am not the sharpest in the pack so plz help me ...

i need somehelp i am not the sharpest in the pack so plz help me thank you i hope you do

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