base year
base year · base years
A year chosen for comparison with other years, in statistical analysis and various…A year chosen for comparison with other years, in statistical analysis and various indices, such as a price index. It usually has an arbitrary value of 100 to make percentage comparisons easier. A new base year can be chosen as the years progress.
Meaning
1 sensesA year chosen for comparison with other years, in statistical analysis and various indices, such as a price index. It usually has an arbitrary value of 100 to make percentage comparisons easier. A new base year can be chosen as the years progress.
Forms
plural: base years| Singular | base year |
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| Plural | base years |
regular