Mathematics · Time Series Analysis
For monthly data in a time series, the link relative for any month is given by which of the following formulas?
- 1(Current month's value / Previous month's value) × 100✓
- 2(Previous month's value / Current month's value) × 100
- 3(Current month's value + Previous month's value) / 2 × 100
- 4(Current month's value - Previous month's value) / 2 × 100
Correct answer
(Current month's value / Previous month's value) × 100
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