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Index vs %
What's the difference between an index and percentage growth/decline?
Example: Last year's volume was 158 vs 2006's volume of 97. If I divide 158 / 97 I get 162.9. Isn't that the same as 62.9%? Why would I use one over the other and if I decide I don't want it to read 162.9, just 62.9, how do I get that to happen? Thanks. |
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