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The individual index is the relative number that examines the changes in the number of individual phenomena or items in the population, including the individual index of quality index and the individual index of quantity index.Individual index is aimed at simple phenomenon as a whole, and simple phenomenon as a whole includes single-layer population and multi-layer population.Such as the output index of a product, the price index of a commodity, etc.The individual index is the basis for calculating the total index.[1]
Chinese name
Individual index
Interpretation
Quantitative comparison of individual phenomenaRelative number
andTotal indexIndividual indexaverage, is the representative value of each individual index in the population.Between the individual index and the total index, there is also a kind of index (or group index). Its essence is the same as the total index, but its scope is smaller.[2]
Calculation of individual index
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The calculation of individual index is relatively simple, as long as the level of individual phenomenon in the reporting period is compared withbase periodDirect horizontal comparison is enough.The calculation formula is as follows:
Individual index=individual level in the reporting period/level of the same individual in the base period
