Differentiate between Fixed base and Chain base methods. (Any 3 p… - Vidyadip

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Differentiate between Fixed base and Chain base methods. (Any 3 points)

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Differentiation: Fixed Base vs. Chain Base Method

Feature	Fixed Base Method	Chain Base Method
Base Period	Remains constant (fixed) for all years.	Changes every year; the preceding year is the base.
Comparison	Easy to compare current data with a specific past period	Ideal for comparing data with the immediate past.
Flexibility	Rigid; difficult to include new items or delete old ones.	Flexible; new items can be added or deleted easily.

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