Definition
Measurable variable used as a representation of an associated (but non-measured or non-measurable) factor or quantity. For example, consumer price index (CPI) serves as an indicator of general cost of living which consists of many factors some of which are not included in computing CPI. Indicators are common statistical devices employed in economics. See also economic indicators and measure.
Articles related to 'indicator'
Questions related to 'indicator'
Related Videos
http://www.businessdictionary.com/definition/indicator.html


