C2-10: Change Expressed as a Percent
Terms in this set (5)
A percent change expresses an amount of change as a percent of an original amount.
If the new amount is less than the original amount, the percent change is called a percent decrease.
Is a measure of percent change, which is the extent something loses value.
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.
When relative error is expressed as a percent, it is called percent error.