Chain based index

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
October 30, 2016 at 7:20 pm #346739
tony0117
Member
- Topics: 56
- Replies: 12
Thank you for your help!
Could you please explain why chain based index is?
October 30, 2016 at 7:59 pm #346744
John Moffat
Keymaster
- Topics: 57
- Replies: 54839
A chain-based index is an index number in which the value of any given period is related to the value of its immediately preceding period.
However it is rarely of much use, and is very rarely relevant for the exam.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.