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The result of subtraction of percentages as you have done is typically given units in "percentage points" or "basis points" (with a scalar offset) in order to a
by mypalmike 4y ago
The result of subtraction of percentages as you have done is typically given units in "percentage points" or "basis points" (with a scalar offset) in order to avoid ambiguity. The "percent change" or "percent increase" is calculated as is typical with any numerical change, (x1 - x0) / x0.
https://www.mathsisfun.com/percentage-points.html https://www.mathsisfun.com/percentage-points.html
- hpen 4y agoI’m confused. Are you saying he straight up subtracted the larger number from the smaller?
- mypalmike 4y agoOh huh. I must not have been wearing my glasses. I thought that said 37.3. Which still is only 8.8 percentage points. But even doing the percentage difference, I calculate a 10.2 percent increase. So I'll just shut up and go face the corner with the parent poster.