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base period |
Also found in: Financial, Encyclopedia | 0.01 sec. |
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base period
n (Mathematics & Measurements / Statistics) Statistics a neutral period used as a standard for comparison in constructing an index to express a variable factor: 100 is usually taken as the index number for the variable in the base period That period of time for which factors were determined for use in current planning and programming. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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