Homework Answers
| a) | |
| Calculate percentage difference between V1 = 24980 and V2 = 55210 |
|
| [?1−?2]/[?1+?2/2] x 100 | |
| Relative pay difference |24980−55210|/[(24980+55210)/2] | 75.40% |
| b) | |
| Calculate percentage difference between V1 = 24980 and V2 = 115490 |
|
| [?1−?2]/[?1+?2/2] x 100 | |
| Relative pay difference |24980−115490|/[(24980+115490)/2] | 128.87% |
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