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New Course
Concept
Chained Index
A
chained index
is a
statistical tool
used to measure
changes over time
by linking together
multiple indices
, allowing for the
comparison of data
across
different periods
without the
distortion caused by changes
in the
base period
. It effectively adjusts for inflation or deflation, providing a more
accurate reflection
of
real value changes
in
economic data
.
Relevant Fields:
Data Management and Processing 100%
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