Advertisement
Advertisement
index number
noun
, Statistics.
- a quantity whose variation over a period of time measures the change in some phenomenon.
index number
noun
- statistics a statistic indicating the relative change occurring in each successive period of time in the price, volume, or value of a commodity or in a general economic variable, such as the price level, national income, or gross output, with reference to a previous base period conventionally given the number 100
Discover More
Word History and Origins
Origin of index number1
First recorded in 1870–75
Discover More
Example Sentences
If the correction is not enough, or if it is too much, the index number next month will tell the story.
From Project Gutenberg
A definite and simple criterion for the required adjustments is at hand—the now familiar "index number" of prices.
From Project Gutenberg
Suppose, for instance, that next month the index number is found to remain unchanged at 101.
From Project Gutenberg
Yet the selection of such an index number is open to all the difficulties attaching to a similar index number of prices.
From Project Gutenberg
From these considerations I deduce that the index number of general commodities may be safely taken as 200 when your book appears.
From Project Gutenberg
Advertisement
Advertisement
Advertisement
Advertisement
Browse