Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%?

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Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%?

N-OS X-tasy! Offline

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#10

02-20-2018, 07:53 PM

Lux Interior wrote:
[quote=rjmacs]
One expresses a relative change, the other an absolute change.

Yes.

Reference point.
Percentages are relative by nature. Understanding that is crucial to successfully communicating when discussing percentages. Unfortunately, most people do not understand that, partially because most people barely grasp the concept of percentage to begin with.

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Messages In This Thread

Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by Dennis S - 02-20-2018, 05:20 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by billb - 02-20-2018, 05:21 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by rjmacs - 02-20-2018, 05:22 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by M A V I C - 02-20-2018, 05:26 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by WHiiP - 02-20-2018, 05:36 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by Lux Interior - 02-20-2018, 05:49 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by cbelt3 - 02-20-2018, 06:10 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by rz - 02-20-2018, 06:27 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by JoeH - 02-20-2018, 06:34 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by N-OS X-tasy! - 02-20-2018, 07:53 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by voodoopenguin - 02-20-2018, 10:10 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by N-OS X-tasy! - 02-20-2018, 11:22 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by freeradical - 02-20-2018, 11:43 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by N-OS X-tasy! - 02-20-2018, 11:50 PM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by Dennis S - 02-21-2018, 12:12 AM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by space-time - 02-21-2018, 01:24 AM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by freeradical - 02-21-2018, 01:51 AM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by N-OS X-tasy! - 02-21-2018, 02:03 AM

Re: Why do people call a decrease of 40% to 20% a decrease of 20% instead of 50%? - by anonymouse1 - 02-21-2018, 03:32 AM

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