logical math
Subject
Humanities
Question Description
6. Distinguish between absolute and relative change. Give an example that illustrates how a relative change is calculated.
Distinguish between absolute and relative change. Choose the correct answer below.
A.
Absolute change describes the actual increase or decrease from a reference value to a new value. Relative change is the size of the absolute change in comparison to the new value and can be expressed as a percentage.
B.
Absolute change is the size of the actual increase or decrease from a reference value in comparison to the new value and can be expressed as a percentage. Relative change describes the actual increase or decrease from a reference value to a new value.
C.
Absolute change describes the actual increase or decrease from a reference value to a new value. Relative change is the size of the absolute change in comparison to the reference value and can be expressed as a percentage.
D.
Absolute change is the size of the actual increase or decrease from a reference value in comparison to the reference value and can be expressed as a percentage. Relative change describes the actual increase or decrease from a reference value to a new value.
7.Give an example of how "percent" (%) and "percentage points" can differ for the same situation. Choose the correct answer below.