Answer:
Step-by-step explanation:
Absolute Change = final change in 2017 sales - initial change in 2016 sales = $847,000,000 - $885,100,000 = 38,100,000
Relative Change = (Final - Initial change)/initial change x 100% = 38,100,000/885,100,00 x 100% = 381/8851 x 100% = 0.0430459835 x 100% = 4.30%
18 would have to be the mean because of the average
Presenting your problem symbolically:
3
--
7
==== becomes
2
---
4
3
---
7
====
1
---
2
To divide by 1/2, multiply by 2/1:
3 2
-- * ---
7 1
Multiplying, we get 6/7.
