When Performing Year-To-Year Change Analysis,a Meaningful Percent Change Cannot Be

question 14

True/False

When performing year-to-year change analysis,a meaningful percent change cannot be computed when one number is positive and the other number is negative.

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Definitions:

Standard Deviation

A quantification of how much a group of values diverges or spreads out.

Confidence Interval

An expanse of measurable outcomes, derived from sample analysis, foreseen to incorporate the hidden value of a population attribute.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from their mean.

Confidence Interval

A range of values, derived from sample data, that is likely to include the value of an unknown population parameter.