2012 crop of 320 tons is 25% bigger than 2007-2011 average
What is the 2007-2011 average of crop in tons?
The 2007-2011 average of crops in tons can be determined as the sum of quantity of coffee produced between 2007 and 2011 divided by the 5, since 2007-2011 is a period of 5 years
2007-2011 average=(220+250+260+300+250)/5
2007-2011 average=256
Now, we can determine the percentage point by which the 2012 crop of 320 tons is greater than the 2007-2011 average
% difference=(2012 produce/2007-2011 average)-1
% difference=(320/256)-1
% difference=25.00%
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Full question:
Consider the following data that show the quantity of coffee produced in Brazil from 2007 to 2011.
Year Production (in tons)
2007 200
2008 240
2009 260
2010 300
2011 250
Suppose, due to favorable weather, the crop in 2012 is tons. in percentage terms, how much bigger is the 2012 crop over the 2007-2011 average?
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