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C2-10: Change Expressed as a Percent
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Terms in this set (5)
Percent Change
A percent change expresses an amount of change as a percent of an original amount.
Percent Increase
If the new amount is less than the original amount, the percent change is called a percent decrease.
Percent Decrease
Is a measure of percent change, which is the extent something loses value.
Relative Error
Is the ratio of the absolute value of the difference of a measured (or estimated) value and an actual value compared to the actual value.
Percent Error
When relative error is expressed as a percent, it is called percent error.
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