What is chain based index numbers?, Mathematics

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

Posted Date: 2/18/2013 2:23:52 AM | Location : United States






Your posts are moderated
Related Questions
The product on multiplying - 4bc with 2a is - 8abc. That is, a term with minus sign multiplied with a term having a positive term gives a product which has a minus sign. On the

A circular disc of 6 cm radius is divided into three sectors with central angles 1200, 1500,900. What part of the circle is the sector with central angles 1200. Also give the ratio

The perimeter of a rectangular swimming pool is 60m. The length of the pool is 4 m more than the width. What is the width of the pool?

Following are some examples of complex numbers. 3 + 5i                                                 √6 -10i (4/5) + 1           16i                     113 The last t

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

how do i know what operation to use in a fraction word problem

On 30 June 2012 Bill purchase a home by taking out a 30 year mortgage of $600,000 at 6% interest per annum, compounded months. Repayments are made at the end of each month. (a) Cal


Method of cylinders or method of shells The formula for the area in all of the cases will be,                                                        A = 2 ∏ ( radius ) (heig

Find the number of zeros of the polynomial from the graph given. (Ans:1)