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?

Sphere and cone, How tall does a cone with diameter of 10 inches have to be...

How tall does a cone with diameter of 10 inches have to be to fit exactly half of a sphere with a diameter of 10 inches inside it?

Example of union of sets, Need help, please anybody solve this: Consider...

Need help, please anybody solve this: Consider the universal set T and its subsets A, B and C underneath as: T = {a, b, c, d e, f} A = {a, d} B = {b, c, f} C = {a, c

Proof of various integral facts- formulas, PROOF OF VARIOUS INTEGRAL FACTS/...

PROOF OF VARIOUS INTEGRAL FACTS/FORMULAS/PROPERTIES In this section we've found the proof of several of the properties we saw in the Integrals section and also a couple from t

Algebra, Tom has five times as many marbles as Jim. together they have 42 m...

Tom has five times as many marbles as Jim. together they have 42 marbles. how many marbles does each has?

If a sequence is bounded and monotonic then it is convergent, Theorem ...

Theorem If {a n } is bounded and monotonic then { a n } is convergent.  Be cautious to not misuse this theorem.  It does not state that if a sequence is not bounded and/or

Find a common factor of the numerator and denominator, Q. Find a common fac...

Q. Find a common factor of the numerator and denominator? Ans. There's only one key step to simplifying (or reducing) fractions: find a common factor of the numerator and

Hcf, the length of three pieces of ropes are 140cm,150cm and 200cm.what is ...

the length of three pieces of ropes are 140cm,150cm and 200cm.what is the greatest possible length to measure the given pieces of a rope?

Discrete mathematics for computing, Everything stored on a computer can be ...

Everything stored on a computer can be represented as a string of bits. However, different types of data (for example, characters and numbers) may be represented by the same strin

What is the maximum amount of hours cindy worked together, Carl worked thre...

Carl worked three more than twice as many hours as Cindy did. What is the maximum amount of hours Cindy worked if together they worked 48 hours at most? Let x = the amount of h

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