Month | March 2009 | March 2010 | March 2011 | March 2012 |
Monthly active users (millions) | 182 | 425 | 654 | 890 |
Absolute change over previous year (millions) | - | |||
Percentage change over previous year (%) | - |
The problem gives data on monthly active users of a social media website over a three-year period. By active users here we mean users who use the website at least once a month. We have to find the absolute change over the previous year and percentage change over the previous year for the years 2010, 2011 and 2012, since there is no data available for 2008, i.e., the year before 2009.
Absolute change refers to change occurring between two observations, regardless of the direction of change,i.e., the simple difference between two observations on a similar event. E.g. if V1 and V2 are the marks obtained by a student in mathematics in Unit Test-I and Unit Test-II respectively, the absolute change in her/his marks is |V1-V2|.
The simple difference over a year itself is the absolute change over that year. Thus, the above table takes the form:
Month | March 2009 | March 2010 | March 2011 | March 2012 |
Monthly active users (millions) | 182 | 425 | 654 | 890 |
Absolute change over previous year (millions) | - | 243 | 229 | 236 |
Percentage change over previous year (%) | - |
Percentage change refers to the percentage of the difference between the observations on the absolute value of the former, or previous observation. The percentage can refer to increase or decrease. If the latter observation is greater than the previous observation, the result is called percentage increase. If the latter observation is less than the previous observation,the result is called percentage decrease. E.g. if V1 and V2 are the marks obtained by a student in mathematics in Unit Test-I and Unit Test-II respectively, the percentage change in her/his marks is
Now,
Seeing the above results, the table can now be written as:
Month | March 2009 | March 2010 | March 2011 | March 2012 |
Monthly active users (millions) | 182 | 425 | 654 | 890 |
Absolute change over previous year (millions) | - | 243 | 229 | 236 |
Percentage change over previous year (%) | - | 133.52 | 53.88 | 36.08 |
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