Write at least four detailed, quantitative sentences that compare and contrast t
ID: 2907989 • Letter: W
Question
Write at least four detailed, quantitative sentences that compare and contrast the changes in these line items over this time period.
State of North Dakota
budget line items
Year
Higher Education
(in millions
of dollars)
Transportation
(in millions
of dollars)
Total Budget
(in millions
of dollars)
2003
230
385
2496
2014
567
1897
7262
Absolute Change:
337
1512
4766
Relative Change:
146.5
392.7
190.9
State of North Dakota
budget line items
Year
Higher Education
(in millions
of dollars)
Transportation
(in millions
of dollars)
Total Budget
(in millions
of dollars)
2003
230
385
2496
2014
567
1897
7262
Absolute Change:
337
1512
4766
Relative Change:
146.5
392.7
190.9
Explanation / Answer
Absolute change: It is the simple difference between two individuals.
like the absolute difference in higher education in millions of dollars between the year 2003 to 2014 is,
Absolute change = Xt - Xt-1
= X2003 - X2014
= 567 - 230
= 337
Relative change: The absolute change is the simple difference between two individuals but relative change is the ratio of absolute change with the previous year value to the percent.
The relative change gives the better than the absolute change but absolute change is easy to understand.
like the relative difference in higher education in millions of dollars between the year 2003 to 2014 is,
Relative change =( [ Xt / Xt-1 ] - 1 ) * 100
= ([567 / 230] - 1) * 100
= 146.5
The absolute change of total budget is higher than the other two it is 4766 million dollars.
But from the relative change value budget of transportation highly increased by 392.7 %
i.e. Good changes occurred in the transportation.
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