LFD Book Forum Question 9
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#1
06-06-2012, 02:48 PM
 ladybird2012 Member Join Date: Apr 2012 Posts: 32
Question 9

Hi,
Here's the first question for the swanky newly-organized forum:

What does "Percentages here are relative, not absolute" mean?

Thanks.
#2
06-06-2012, 02:57 PM
 yaser Caltech Join Date: Aug 2009 Location: Pasadena, California, USA Posts: 1,477
Re: Question 9

Quote:
 Originally Posted by ladybird2012 Hi, Here's the first question for the swanky newly-organized forum: What does "Percentages here are relative, not absolute" mean? Thanks.
It means for example that if the old is 0.05 and the new one is 0.04, the change is 20% (0.05-0.04=0.01 relative to 0.05) not 1% (difference between 5% (0.05) and 4% (0.04)). You are welcome to suggest better phrasing to convey this meaning.
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