A simple index is obtained by dividing the current value of a time series by the value of a time series in the _____________ time period and by multiplying this ratio by 100.
A)Base
B)Final
C)Current
D)Shortest

Question

Quizplus · Accepted Answer

A simple index is obtained by dividing the current value of a time series by the value of a time series in the base time period and by multiplying this ratio by 100. The base period is usually the starting point or a reference point for comparison with later time periods.

A Simple Index Is Obtained by Dividing the Current Value