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BASE

Statistics Directorate    
French Equivalent: Base

Definition:
A number or magnitude used as a standard of reference. It may occur as a denominator in a ratio or percentage calculation. It may also be the magnitude of a particular time series from which a start is to be made in the calculation of a new relative series – an index number – which will show the observations as they accrue in the future in relation to that of the base period.

Source Publication:
A Dictionary of Statistical Terms, 5th edition, prepared for the International Statistical Institute by F.H.C. Marriott. Published for the International Statistical Institute by Longman Scientific and Technical.

Statistical Theme: Methodological information (metadata)

Created on Tuesday, May 07, 2002

Last updated on Thursday, April 24, 2003