Housing > Percent of Occupied Housing Units With Gas as Principal Heating Fuel (vs)
Economy > GSP > Chain-type Quantity Indexes > Crop and animal production (Farms)
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Strength of correlation (R squared): 0.223 (this correlation is weak)
Percent of Occupied Housing Units With Gas as Principal Heating Fuel, 2004
Crop and animal production (Farms), Chain-type Quantity Indexes (2000 = 100) A quantity index is an index number that measures the change in the level of a quantity from a base year, apart from anychanges in relative prices. The value of the quantity index is 100 for the base year.The Bureau of Economic Analysis uses chain-type annual-weighted indexes, also known as Fisher indexes, as its measure of realoutput and prices. These measures allow for the effects of changes in relative prices and in the composition of output overtime, thereby eliminating a major source of bias inherent in fixed-weight indexes.