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| Definition: |
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A Laspeyres index number is a form of index number where prices, quantities or other units of measure over time are weighted according to their values in a specified base period.
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| Source
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A Dictionary of Statistical Terms, Fourth Edition, Kendall, Sir Maurice G., and William R. Buckland for the International Statistical Institute, Longman Group, 1982, London.
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| Statistical
Theme: Methodological information (metadata) |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Wednesday, December 21, 2005 |
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