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Percentages of Percentages. According to the US Censes Department, only two states declined in their population...

Percentages of Percentages.
According to the US Censes Department, only two states declined in their population from 2010 to 2018: West Virginia, which went down by 2.5%, and Illinois, which went down by 0.7%.
A) What is the absolute difference in terms of percentage points?
B) What is the relative change in terms of percent?
math   Statistics-And-Probability   
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Answer #1

Absolute change refers to the simple difference in the indicator over two periods in time, i.e. Absolute change Value of indicator in period 2- Value of indicator in period 1 Relative change expresses the absolute change as a percentage of the value of the indicator in the earlier Value of indicator in period 2 - Value of indicator in period 1O00 Relative change = × 1 00% Value of indicator in period 1

A) Absolute difference = 0.7% - 2.5%

= -1.8%

B) Relative change = ( 0.7 - 2.5 ) / 0.7 *100

= -2.57%

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