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| Math Central | Quandaries & Queries |
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Question from Eric: I am trying to show the percent change over multiple periods of time. An example would be the following:
Is there a formula for the percent change over multiple periods or will I have to calculate the percent change for each previous period versus the year prior? |
Eric,
You are best to report the change each year as a percentage over the previous year. If you want just one number you can calculate (1349-900) ÷ 1349 × 100 = 33.28 and say "Over the period from 2002 to 2006 the value decreased by 33.28% of the 2002 value."
Penny
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