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?

Differential equation to determine initial value problem, Solve the subsequ...

Solve the subsequent IVP. cos(x) y' + sin(x) y = 2 cos 3 (x) sin(x) - 1 y(p/4) = 3√2, 0 Solution : Rewrite the differential equation to determine the coefficient of t

Technical coefficients - linear algebra and matrices, I didn't understand t...

I didn't understand the concept of Technical Coefficients, provide me assistance.

Problem solving sentence, a cheeseburger cost $6.39 more than a burger of $...

a cheeseburger cost $6.39 more than a burger of $2.29, what is the difference?

Solve the extraneous solutions, Solve the Extraneous Solutions ? You're...

Solve the Extraneous Solutions ? You're worst enemy (aside from arithmetic mistakes), while you're trying to solve a rational equation, is forgetting to check for extraneous so

Equivalence class and equivalence relation, 1. For a function f : Z → Z, le...

1. For a function f : Z → Z, let R be the relation on Z given by xRy iff f(x) = f(y). (a) Prove that R is an equivalence relation on Z. (b) If for every x ? Z, the equivalenc

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

Average function value, Average Function Value The average value of a ...

Average Function Value The average value of a function f(x) over the interval [a,b] is specified by, f avg = (1/b-a) a ∫ b f(x) dx Proof We know that the average

Tangent lines, Tangent Lines : The first problem which we're going to stud...

Tangent Lines : The first problem which we're going to study is the tangent line problem.  Before getting into this problem probably it would be best to define a tangent line.

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