Question

34.7% of city employees ride the bus to work. Last year, 5.2% of city employees rode the bus to work. What is the relative change from last year to this year?

Answer 1

Answer:

$5.67\%$

Step-by-step explanation:

The relative change is defined by the following equation:

$Relative\hspace{3}change=\frac{x-x_r_e_f_e_r_e_n_c_e}{x_r_e_f_e_r_e_n_c_e}$   (1)

Where:

$x=Value\hspace{3}of\hspace{3}indicator\hspace{3}in\hspace{3}period\hspace{3}2$

$x_r_e_f_e_r_e_n_c_e=Value\hspace{3}of\hspace{3}indicator\hspace{3}in\hspace{3}period\hspace{3}1$

With this in mind, let's replace the values in the equation (1):

$Relative\hspace{3}change=\frac{34.7-5.2}{5.2}=\frac{29.5}{5.2}=5.673076923\approx5.67\%$