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When calculating a price index, economists typically set the base year to 100 so that future changes can be expressed as percentages relative to that year.
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When calculating a price index, economists typically set the base year to 100 so that future changes can be expressed as percentages relative to that year.
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base year
Noun
Japanese Meaning
基準年 - 統計分析や各種指数の計算において、他の年と比較するために選ばれる年。 / 基準年 - 価格指数などで、比較を容易にするため、通常任意の値(例えば100)が与えられる年。
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