Question

what is a base year?​

Answer 1

Answer:

Base year refers to the base point in time of a time series. Normally, years divisible evenly by five are used as base years. In releases base year is noted, for example, as 2010 = 100 or 2015 = 100. The mean of the index point figures of a base year is 100.

Explanation:

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Answer 2

Answer:

base year refer to the base point in time of series. normally, years divisible evenly by five are used as base years.