noun
Meaning 1
a year chosen for comparison with other years, in statistical analysis and various indices, such as a price index. It usually has an arbitrary value of 100 to make percentage comparisons easier. A new base year can be chosen as the years progress.
Definition source: English Wiktionary via Wiktextract
Topics: economics, mathematics, sciences, statistics
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided