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Chain-based index number — Edexcel GCSE Statistics Definition | GradeGen

Home
Statistics
Key terms
Chain-based index number

GCSE Statistics · key term

Chain-based index number

Definition

An index comparing a value in one period with its value in the immediately preceding period, which acts as the reference value of 100.

Used by Edexcel

How each exam board covers it

Edexcel GCSE Statistics · 1ST0

Specification 2d.01 · Paper 1, Paper 2

Revise: Index numbers

Edexcel Statistics past papers

Related key terms

Base period
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Index number
Inflation

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Retail Price Index (RPI)

Weighted index number