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?

Repetition need not be boring-ways to aid learning maths, Repetition Need N...

Repetition Need Not Be Boring :  From an early age on, children engage in and learn from repetitive behaviour, such as dropping and picking up things, opening and closing boxes an

Types of relation, Relations in a Set: Let consider R be a relation fro...

Relations in a Set: Let consider R be a relation from A to B. If B = A, then R is known as a relation in A. Thus relation in a set A is a subset of A ΧA. Identity Relation:

Wronskian, In the earlier section we introduced the Wronskian to assist us ...

In the earlier section we introduced the Wronskian to assist us find out whether two solutions were a fundamental set of solutions. Under this section we will look at the other app

People fit, How many people ca fi in a small cars without seats?

How many people ca fi in a small cars without seats?

Earth geometry, calculate the shortest distance between A and B 40degrees w...

calculate the shortest distance between A and B 40degrees west and 50 degrees east respectively laying along 57 degrees north

Evaluate the volume of cylinder, If the diameter of a right cylinder is dou...

If the diameter of a right cylinder is doubled and the height is tripled, its volume is a. multiplied by 12. b. multiplied by 2. c. multiplied by 6 d. multiplied by 3.

Arc length and surface area revisited, Arc Length and Surface Area Revisite...

Arc Length and Surface Area Revisited We won't be working any instances in this part.  This section is here exclusively for the aim of summarizing up all the arc length and su

Pi, pi to the ten-thousandths

pi to the ten-thousandths

Continuity, Continuity : In the last few sections we've been using the te...

Continuity : In the last few sections we've been using the term "nice enough" to describe those functions which we could evaluate limits by just evaluating the function at the po

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