Question
Differentiate between fixed base and chain base method. (Any Three points)

Answer

Differentiation : Fixed Base vs. Chain Base Method
FeatureFixed Base MethodChain Base Method
Base PeriodRemains constant (fixed) for all years.Changes every year; the preceding year is the base.
ComparisonEasy to compare current data with a specific past periodIdeal for comparing data with the immediate past.
FlexibilityRigid; difficult to include new items or delete old ones.Flexible; new items can be added or deleted easily.

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