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?

Triangles, if A be the area of a right triangle and b be one of the sides c...

if A be the area of a right triangle and b be one of the sides containing the right angle, prove that the length of the altitude on the hypotenuse is 2Ab/rootb^4+4A^2

Steps for radio test - sequences and series, Steps for Radio test Assum...

Steps for Radio test Assume we have the series ∑a n Define, Then, a. If L b. If L>1 the series is divergent. c. If L = 1 the series might be divergent, this i

Prove that if x is a real number then [2x] = [x] + [x + ½ ], Prove that if...

Prove that if x is a real number then [2x] = [x] + [x + ½ ] Ans: Let us consider x be any real number. It comprises two parts: integer and fraction. With no loss of

Direction field for the differential equation, We require to check the deri...

We require to check the derivative thus let's use v = 60. Plugging it in (2) provides the slope of the tangent line as -1.96, or negative. Thus, for all values of v > 50 we will ha

Math, is this free for LIFE that means forever never ever going to pay

is this free for LIFE that means forever never ever going to pay

Proper and improper fractions, Proper and Improper Fractions: Exampl...

Proper and Improper Fractions: Example: 3/8 proper fraction 8/3 improper fraction 3/3 improper fraction Here an improper fraction expressed as the sum of an in

Find out the area of the region, Find out the area of the region enclosed b...

Find out the area of the region enclosed by y = x 2 & y =√x . Solution Firstly, just what do we mean by "area enclosed by". This means that the region we're interested in

Show that x(q-r) + y(r-p) + z(p-q) = 0, If the p th , q th & r th term of...

If the p th , q th & r th term of an AP is x, y and z respectively, show that x(q-r) + y(r-p) + z(p-q) = 0 Ans:    p th term ⇒ x = A + (p-1) D q th term ⇒ y = A + (

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