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index number

index number

1 5.5
A number that shows how things like prices change over time or between places
  • noun
  • /ˈɪndɛks ˈnʌmbər/
  • Specialized
translation icon : número índice
  • Second, we multiply the base period price (1982-1984) by the index number for the most recent year available.
  • Price index number
  • use index numbers
  • index-number trend

Examples

  • Look at the index number for the year 1914.

    Academic text (1992)
  • To facilitate the comparison, these data are presented as index numbers standardized on their mean values in 1992.

    Academic text (2011)
  • Now, look at the index number of 1990.

    Academic text (1992)
  • First, we divide the historic price by its index number.

    Academic text (1992)
  • However, when we use index numbers to convert it to its 1991 equivalent of $503,731, the figure becomes much more interesting.

    Academic text (1992)
  • In contrast to ratio analysis, this study is unique in that it uses an index-number approach to analyze financial trends.

    Academic text (1993)
  • Index numbers can be used to convert historic prices to present-day equivalents.

    Academic text (1992)
  • The case bears index number CV 12-00987 CRB.

    Blog text (16)
  • Under an index-number analysis, Bernstein (1983, 70-71) selects a base year that will have an index value of 100.

    Academic text (1993)
  • The closer a school's diversity index number is to 1, the more diverse the student population is.

Synonyms

index
vsindex number
  • Specialized
298 4.4

A number that shows how something changes, like prices or pollution

is the statistical term used especially for comparing changes across time or places
indicator
vsindex number
  • Specialized
135 3.7

A number that shows how a situation changes over time

is a statistical figure focused on variables and comparisons over time or places
indicant
vsindex number
  • Specialized
9.2

A number that shows how a situation or trend changes over time

is the statistical value used for groups of related variables and place comparisons

Surface Forms

index number singular
index numbers plural

Morphology

index + number

The meaning 'a statistical numeric indicator' is directly derivable from combining 'index' (an indicator or measure) with 'number' (a numeric value); the phrase simply names a numeric indicator and follows a straightforward noun–noun composition. This construction and concept are cross-linguistically common in statistics and therefore should be understandable to a B1 learner who knows both constituent words.

Etymology

The term index number comes from the words index (a pointer or list) and number. Imagine a finger pointing to one number on a chart that shows how prices go up or down. That's why an index number is a single number you use to 'compare' and see 'changes' over time or between places.