Formulas for calculating relative change, relative difference, relative error, and index numbers are presented. Relative change shows the percentage change between a new and reference value. Relative difference shows the percentage difference between a compared and reference value. Relative error shows the percentage error between a measured and true value. An index number shows the value of something as a percentage of a reference value.
Formulas for calculating relative change, relative difference, relative error, and index numbers are presented. Relative change shows the percentage change between a new and reference value. Relative difference shows the percentage difference between a compared and reference value. Relative error shows the percentage error between a measured and true value. An index number shows the value of something as a percentage of a reference value.
Formulas for calculating relative change, relative difference, relative error, and index numbers are presented. Relative change shows the percentage change between a new and reference value. Relative difference shows the percentage difference between a compared and reference value. Relative error shows the percentage error between a measured and true value. An index number shows the value of something as a percentage of a reference value.