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In any [[quantitative science]], the terms '''relative change''' and '''relative difference''' are used to compare two [[quantities]] while taking into account the "sizes" of the things being compared. The comparison is expressed as a [[ratio]] and is a [[unitless]] [[number]]. By multiplying these ratios by 100 they can be expressed as [[percentage]]s so the terms '''percentage change''', '''percent(age) difference''', or '''relative percentage difference''' are also commonly used. The distinction between "change" and "difference" depends on whether or not one of the quantities being compared is considered a ''standard'' or ''reference'' or ''starting'' value. When this occurs, the term ''relative change'' (with respect to the reference value) is used and otherwise the term ''relative difference'' is preferred. Relative difference is often used as a quantitative indicator of [[quality assurance]] and [[quality control]] for repeated measurements where the outcomes are expected to be the same. A special case of percent change (relative change expressed as a percentage) called [[percent error]] occurs in measuring situations where the reference value is the accepted or actual value (perhaps theoretically determined) and the value being compared to it is experimentally determined (by measurement).


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==Definitions==
 
Given two numerical quantities, ''x'' and ''y'', their ''difference'', Δ = ''x'' - ''y'', can be called their ''actual difference''. When ''y'' is a ''reference value'' (a theoretical/actual/correct/accepted/optimal/starting, etc. value; the value that ''x'' is being compared to) then Δ is called their ''actual change''. When there is no reference value, the sign of Δ has little meaning in the comparison of the two values since it doesn't matter which of the two values is written first, so one often works with |Δ| = |''x'' - ''y''|, the [[absolute difference]] instead of Δ, in these situations. Even when there is a reference value, if it doesn't matter whether the compared value is larger or smaller than the reference value, the absolute difference can be considered in place of the actual change.
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== nie je tam žiadny dôkaz Polo Ralph Lauren ==
The absolute difference between two values is not always a good way to compare the numbers. For instance, the absolute difference of 1 between 6 and 5 is more significant than the same absolute difference between 100,000,001 and 100,000,000. We can adjust the comparison to take into account the "size" of the quantities involved, by defining, for positive values of ''x''<sub>''reference''</sub>:


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::<math> \text{Relative change}(x, x_{reference}) = \frac{\text{Actual change}}{x_{reference}} = \frac{\Delta}{x_{reference}} = \frac{x - x_{reference}}{x_{reference}}.</math>
 
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== FBI hovorca Paul Bresson povedal Oakley Cz ==
The relative change is not defined if the reference value (''x''<sub>''reference''</sub>) is zero.


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For values greater than the reference value, the relative change should be a positive number and for values that are smaller, the relative change should be negative. The formula given above behaves in this way only if ''x''<sub>''reference''</sub> is positive, and reverses this behavior if ''x''<sub>''reference''</sub> is negative. For example, if we are calibrating a thermometer which reads -6° C when it should read -10° C, this formula for relative change (which would be called ''relative error'' in this application) gives ((-6) - (-10)) / (-10) = 4/-10 = -0.4, yet the reading is too high. To fix this problem we alter the definition of relative change so that it works correctly for all nonzero values of ''x''<sub>''reference''</sub>:
 
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== hovoriť im by to znelo len ako kňučanie. Nike Air Force 1 ==
::<math> \text{Relative change}(x, x_{reference}) = \frac{\text{Actual change}}{|x_{reference}|} = \frac{\Delta}{|x_{reference}|} = \frac{x - x_{reference}}{|x_{reference}|}.</math>


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If the relationship of the value with respect to the reference value (that is, larger or smaller) does not matter in a particular application, the absolute difference may be used in place of the actual change in the above formula to produce a value for the relative change which is always non-negative.
 
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== precis framför honom Ray Ban Rea ==
Defining relative difference is not as easy as defining relative change since there is no "correct" value to scale the absolute difference with. As a result, there are many options for how to define relative difference and which one is used depends on what the comparison is being used for. In general we can say that the absolute difference |Δ| is being scaled by some function of the values ''x'' and ''y'', say ''f''(''x'',''y'').


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::<math> \text{Relative difference}(x, y) = \frac{\text{Absolute difference}}{|f(x,y)|} = \frac{|\Delta|}{|f(x,y)|} = \left |\frac{x - y}{f(x,y)} \right |.</math>
 
 
  <li>[http://www.promo-grimpe.com/spip.php?article124/ http://www.promo-grimpe.com/spip.php?article124/]</li>
As with relative change, the relative difference is undefined if ''f''(''x'',''y'') is zero.
 
 
  <li>[http://www.greeningtheway.com/tw/bbs/forum.php?mod=viewthread&tid=257549&fromuid=9447 http://www.greeningtheway.com/tw/bbs/forum.php?mod=viewthread&tid=257549&fromuid=9447]</li>
Several common choices for the function ''f''(''x'', ''y'') would be:
    
* max (|''x''|,|''y''|),
  <li>[http://bbs.kanwaiguo.com/forum.php?mod=viewthread&tid=392988 http://bbs.kanwaiguo.com/forum.php?mod=viewthread&tid=392988]</li>
* max (''x'', ''y''),
    
* min (|''x''|, |''y''|),
  <li>[http://jewel.egloos.com/3850007/ http://jewel.egloos.com/3850007/]</li>
* min (''x'', ''y''),
 
* (''x'' + ''y'')/2, and
</ul>
* (|''x''| + |''y''|)/2.
 
==Formulas==
Measures of relative difference are [[unitless]] numbers expressed as a [[fraction (mathematics)|fraction]]. Corresponding values of percent difference would be obtained by multiplying these values by 100.
 
One way to define the relative difference of two numbers is to take their [[absolute difference]] [[ratio|divided]] by the [[maximum]] absolute value of the two numbers.
 
:<math>
d_r=\frac{|x-y|}{\max(|x|,|y|)}\,
</math>
 
if at least one of the values does not equal zero. This approach is especially useful when comparing [[floating point]] values in [[programming language]]s for [[Equality (mathematics)|equality]] with a certain tolerance.<ref>[http://c-faq.com/fp/fpequal.html What's a good way to check for ''close enough'' floating-point equality]</ref> Another application is in the computation of [[approximation error]]s when the relative error of a measurement is required.
 
Another way to define the relative difference of two numbers is to take their [[absolute value|absolute]] [[Subtraction|difference]] [[ratio|divided]] by some functional value of the two numbers, for example, the absolute value of their [[arithmetic mean]]:
 
:<math>
d_r=\frac{|x-y|}{\left(\frac{|x+y|}{2}\right)}\, .
</math>
 
This approach is often used when the two numbers reflect a change in some single underlying entity.{{cn|date=February 2012}} A problem with the above approach arises when the functional value is zero. In this example, if x and y have the same magnitude but opposite sign, then
:<math>
\frac{|x+y|}{2} = 0 ,
</math>
which causes division by 0.  So it may be better to replace the denominator with the average of the absolute values of ''x'' and&nbsp;''y'':{{cn|date=February 2012}}
 
:<math>
d_r=\frac{|x-y|}{\left(\frac{|x|+|y|}{2}\right)}\, .
</math>
 
==Percent error==
 
The '''percent error''' is a special case of the percentage form of relative change calculated from the absolute change between the experimental (measured) and theoretical (accepted) values, and dividing by the theoretical (accepted) value.
 
: <math>%\text{ Error} = \frac{|\text{Experimental}-\text{Theoretical}|}{|\text{Theoretical}|}\times100</math>.
 
The terms "Experimental" and "Theoretical" used in the equation above are commonly replaced with similar terms. Other terms used for ''experimental'' could be "measured," "calculated," or "actual" and another term used for ''theoretical'' could be "accepted."  Experimental value is what has been derived by use of calculation and/or measurement and is having its accuracy tested against the theoretical value, a value that is accepted by the scientific community or a value that could be seen as a goal for a successful result.
 
Although it is common practice to use the absolute value version of relative change when discussing percent error, in some situations, it can be beneficial to remove the absolute values to provide more information about the result. Thus, if an experimental value is less than the theoretical value, the percent error will be negative. This negative result provides additional information about the experimental result. For example, experimentally calculating the speed of light and coming up with a negative percent error says that the experimental value is a velocity that is less than the speed of light. This is a big difference from getting a positive percent error, which means the experimental value is a velocity that is greater than the speed of light (violating the [[theory of relativity]]) and is a newsworthy result.
 
The percent error equation, when rewritten by removing the absolute values, becomes:
 
: <math>%\text{ Error} = \frac{\text{Experimental}-\text{Theoretical}}{|\text{Theoretical}|}\times100.</math>
 
It is important to note that the two values in the [[numerator]] do not [[commutative|commute]]. Therefore, it is vital to preserve the order as above: subtract the theoretical value from the experimental value and not vice versa.
 
==Percentage change==
 
A '''percentage change''' is a way to express a change in a variable. It represents the relative change between the old value and the new one.
 
For example, if a house today is worth $100,000 and the year after its worth goes up to $110,000, the percentage change of its worth can be expressed as
 
: <math> \frac{110000-100000}{100000} = 0.1 = 10%.</math>
 
It can then be said that the worth of the house went up by 10%.
 
More generally, if ''V''<sub>1</sub> represents the old value and ''V''<sub>2</sub> the new one,
 
: <math>\text{Percentage change} = \frac{\Delta V}{V_1} = \frac{V_2 - V_1}{V_1} \times100 .</math>
 
When the variable in question is a percentage itself, it is better to talk about its change by using [[percentage point]]s, to avoid confusion between [[relative difference]] and [[absolute difference]].
 
===Example of percentages of percentages===
If a bank were to raise the interest rate on a savings account from 3% to 4%, the statement that "the interest rate was increased by 1%" is ambiguous and should be avoided. The absolute change in this situation is 1 percentage point (4% - 3%), but the relative change in the interest rate is:
::<math>\frac{4\% - 3\%}{3\%} = 0.333\ldots = 33 \frac{1}{3}\%.</math>
So, one should say either that the interest rate was increased by 1 percentage point, or that the interest rate was increased by <math>33\frac{1}{3}\%.</math>
 
In general, the term "percentage point(s)" indicates an absolute change or difference of percentages, while the percent sign or the word "percentage" refers to the relative change or difference.<ref>{{harvnb|Bennett|Briggs|2005|loc=p. 141}}</ref>
 
==Other change units==
 
Change in a quantity can also be expressed logarithmically using the [[Units of measurement|unit]] of logarithmic change: the [[neper]] ([[Neper|Np]]). Normalization with a factor of 100, as done for [[percent]], yields the derived unit '''{{visible anchor|centineper}}''' (cNp) which aligns with the definition for percentage change for very small changes:
:<math>
D_{cNp} = 100 \cdot \ln\frac{V_2}{V_1} \approx 100 \cdot \frac{V_2 - V_1}{V_1} = \text{Percentage change} \text{ when }\left | \frac{V_2 - V_1}{V_1} \right | << 1 \,
</math>
But using cNp has two additional advantages.  First, there is no need to keep track of which of the two quantities, V<sub>1</sub> or V<sub>2</sub>, the change is expressed relative to, since, under the conditions of the approximation, the two quantities are nearly the same. Second, an ''X'' cNp change in a quantity following a ''-X'' cNp change returns that quantity to its original value. For example, if a quantity doubles, this corresponds to a 69cNp change (an increase). When it halves again, it is a -69cNp change (a decrease.)
 
==Examples==
===Comparisons===
Car M costs $50,000 and car L costs $40,000. We wish to compare these costs.<ref>{{harvnb|Bennett|Briggs|2005|loc=pp. 137&ndash;139}}</ref> With respect to car L, the absolute difference is $10,000 = $50,000 - $40,000. That is, car M costs $10,000 more than car L. The relative difference is,
::<math>\frac{\$10,000}{\$40,000} = 0.25 = 25\%,</math>
and we say that car M costs 25% ''more than'' car L. It is also common to express the comparison as a ratio, which in this example is,
::<math>\frac{\$50,000}{\$40,000} = 1.25 = 125%,</math>
and we say that car M costs 125% ''of'' the cost of car L.
 
In this example the cost of car L was considered the reference value, but we could have made the choice the other way and considered the cost of car M as the reference value. The absolute difference is now -$10,000 = $40,000 - $50,000 since car L costs $10,000 less than car M. The relative difference,
::<math>\frac{-\$10,000}{\$50,000} = -0.20 = -20\%</math>
is also negative since car L costs 20% ''less than'' car M. The ratio form of the comparison,
::<math>\frac{\$40,000}{\$50,000} = 0.8 = 80\%</math>
says that car L costs 80% ''of'' what car M costs.
 
It is the use of the words "of" and "less/more than" that distinguish between ratios and relative differences.<ref>{{harvnb|Bennett|Briggs|2005|loc=p.140}}</ref> 
<!--
===Comparing different groups===
 
Let's look at a group of people, some males and some females. Here are the percentages of each subgroup that enjoy watching a particular TV show:
 
:  Males 35%
:  Females 75%
 
The absolute difference is 40 [[percentage points]] (75%&nbsp;&minus;&nbsp;35%). The relative differences can be stated several ways:
 
:  47%  = 35%/75%
: Males enjoy the TV show 47% as frequently as, or 53% less frequently than, females.
:  Or, about half as often as females.
 
:  214% = 75%/35%
:  Females enjoy the TV show 214% as frequently as, or 114% more frequently than, males.
:  Or, over twice as often as males.
 
As ratios:
 
: 0.47 = 35/75 Males relative to females.
:  2.14 = 75/35 Females relative to males.
 
As percentages:
 
:  47% = 35/75 Males relative to females.
:  214% = 75/35 Females relative to males.
 
===Characterizing change===
 
Now let's look at a group of [[genderless]] [[Martians]], before and after watching that TV show. The percentages of the group favorable to [[Earthling]]s are
 
:  Before 75%
: After 35%
 
The absolute difference is &minus;0.4 or &minus;40% (35%&nbsp;&minus;&nbsp;75%), e.g., Martian favorability to Earthlings decreased by 40 percentage points after watching the show. The relative difference (&minus;0.4/0.75) can also be stated as a ratio (&minus;0.53) or as a percentage (&minus;53%), e.g., Martian favorability to Earthlings decreased 53% after watching the show.
-->
 
==See also==
 
*[[Approximation error]]
*[[Errors and residuals in statistics]]
*[[Relative standard deviation]]
 
{{More footnotes|date=March 2011}}
 
==Notes==
 
{{reflist}}
 
==References==
* {{citation|last1=Bennett|first1=Jeffrey|last2=Briggs|first2=William|title=Using and Understanding Mathematics: A Quantitative Reasoning Approach|edition=3rd|publisher=Pearson|place=Boston|year=2005|isbn=0-321-22773-5}}
* {{cite web
  | last =
  | first =
  | authorlink =
  | coauthors =
  | title = Understanding Measurement and Graphing
   | work =
  | publisher = [[North Carolina State University]]
  | date = 2008-08-20
  | url = http://www.physics.ncsu.edu/courses/pylabs/205N_208N_MeasurementandErrors.pdf
  | format =
  | doi =
  | accessdate = 2010-05-05 }}
* {{cite web
  | title = Percent Difference &ndash; Percent Error
  | work =
  | publisher = Illinois State University, Dept of Physics
  | date = 2004-07-20
  | url = http://www.phy.ilstu.edu/slh/Percent%20Difference%20Error.pdf
  | format =
  | doi =
   | accessdate = 2010-05-05 }}
 
==External links==
*http://www.acponline.org/clinical_information/journals_publications/ecp/janfeb00/primer.htm
*http://books.google.com/books?id=AY7LnYkiLNkC&lpg=PA62&ots=_7s0zd_KtZ&dq=%22relative%20difference%22%20%22absolute%20difference%22&pg=PA61
 
{{DEFAULTSORT:Relative Change and Difference}}
[[Category:Measurement]]
[[Category:Numerical analysis]]
[[Category:Statistical ratios]]

Latest revision as of 16:44, 7 March 2013

In any quantitative science, the terms relative change and relative difference are used to compare two quantities while taking into account the "sizes" of the things being compared. The comparison is expressed as a ratio and is a unitless number. By multiplying these ratios by 100 they can be expressed as percentages so the terms percentage change, percent(age) difference, or relative percentage difference are also commonly used. The distinction between "change" and "difference" depends on whether or not one of the quantities being compared is considered a standard or reference or starting value. When this occurs, the term relative change (with respect to the reference value) is used and otherwise the term relative difference is preferred. Relative difference is often used as a quantitative indicator of quality assurance and quality control for repeated measurements where the outcomes are expected to be the same. A special case of percent change (relative change expressed as a percentage) called percent error occurs in measuring situations where the reference value is the accepted or actual value (perhaps theoretically determined) and the value being compared to it is experimentally determined (by measurement).

Definitions

Given two numerical quantities, x and y, their difference, Δ = x - y, can be called their actual difference. When y is a reference value (a theoretical/actual/correct/accepted/optimal/starting, etc. value; the value that x is being compared to) then Δ is called their actual change. When there is no reference value, the sign of Δ has little meaning in the comparison of the two values since it doesn't matter which of the two values is written first, so one often works with |Δ| = |x - y|, the absolute difference instead of Δ, in these situations. Even when there is a reference value, if it doesn't matter whether the compared value is larger or smaller than the reference value, the absolute difference can be considered in place of the actual change.

The absolute difference between two values is not always a good way to compare the numbers. For instance, the absolute difference of 1 between 6 and 5 is more significant than the same absolute difference between 100,000,001 and 100,000,000. We can adjust the comparison to take into account the "size" of the quantities involved, by defining, for positive values of xreference:

The relative change is not defined if the reference value (xreference) is zero.

For values greater than the reference value, the relative change should be a positive number and for values that are smaller, the relative change should be negative. The formula given above behaves in this way only if xreference is positive, and reverses this behavior if xreference is negative. For example, if we are calibrating a thermometer which reads -6° C when it should read -10° C, this formula for relative change (which would be called relative error in this application) gives ((-6) - (-10)) / (-10) = 4/-10 = -0.4, yet the reading is too high. To fix this problem we alter the definition of relative change so that it works correctly for all nonzero values of xreference:

If the relationship of the value with respect to the reference value (that is, larger or smaller) does not matter in a particular application, the absolute difference may be used in place of the actual change in the above formula to produce a value for the relative change which is always non-negative.

Defining relative difference is not as easy as defining relative change since there is no "correct" value to scale the absolute difference with. As a result, there are many options for how to define relative difference and which one is used depends on what the comparison is being used for. In general we can say that the absolute difference |Δ| is being scaled by some function of the values x and y, say f(x,y).

As with relative change, the relative difference is undefined if f(x,y) is zero.

Several common choices for the function f(x, y) would be:

  • max (|x|,|y|),
  • max (x, y),
  • min (|x|, |y|),
  • min (x, y),
  • (x + y)/2, and
  • (|x| + |y|)/2.

Formulas

Measures of relative difference are unitless numbers expressed as a fraction. Corresponding values of percent difference would be obtained by multiplying these values by 100.

One way to define the relative difference of two numbers is to take their absolute difference divided by the maximum absolute value of the two numbers.

if at least one of the values does not equal zero. This approach is especially useful when comparing floating point values in programming languages for equality with a certain tolerance.[1] Another application is in the computation of approximation errors when the relative error of a measurement is required.

Another way to define the relative difference of two numbers is to take their absolute difference divided by some functional value of the two numbers, for example, the absolute value of their arithmetic mean:

This approach is often used when the two numbers reflect a change in some single underlying entity.Template:Cn A problem with the above approach arises when the functional value is zero. In this example, if x and y have the same magnitude but opposite sign, then

which causes division by 0. So it may be better to replace the denominator with the average of the absolute values of x and y:Template:Cn

Percent error

The percent error is a special case of the percentage form of relative change calculated from the absolute change between the experimental (measured) and theoretical (accepted) values, and dividing by the theoretical (accepted) value.

.

The terms "Experimental" and "Theoretical" used in the equation above are commonly replaced with similar terms. Other terms used for experimental could be "measured," "calculated," or "actual" and another term used for theoretical could be "accepted." Experimental value is what has been derived by use of calculation and/or measurement and is having its accuracy tested against the theoretical value, a value that is accepted by the scientific community or a value that could be seen as a goal for a successful result.

Although it is common practice to use the absolute value version of relative change when discussing percent error, in some situations, it can be beneficial to remove the absolute values to provide more information about the result. Thus, if an experimental value is less than the theoretical value, the percent error will be negative. This negative result provides additional information about the experimental result. For example, experimentally calculating the speed of light and coming up with a negative percent error says that the experimental value is a velocity that is less than the speed of light. This is a big difference from getting a positive percent error, which means the experimental value is a velocity that is greater than the speed of light (violating the theory of relativity) and is a newsworthy result.

The percent error equation, when rewritten by removing the absolute values, becomes:

It is important to note that the two values in the numerator do not commute. Therefore, it is vital to preserve the order as above: subtract the theoretical value from the experimental value and not vice versa.

Percentage change

A percentage change is a way to express a change in a variable. It represents the relative change between the old value and the new one.

For example, if a house today is worth $100,000 and the year after its worth goes up to $110,000, the percentage change of its worth can be expressed as

It can then be said that the worth of the house went up by 10%.

More generally, if V1 represents the old value and V2 the new one,

When the variable in question is a percentage itself, it is better to talk about its change by using percentage points, to avoid confusion between relative difference and absolute difference.

Example of percentages of percentages

If a bank were to raise the interest rate on a savings account from 3% to 4%, the statement that "the interest rate was increased by 1%" is ambiguous and should be avoided. The absolute change in this situation is 1 percentage point (4% - 3%), but the relative change in the interest rate is:

So, one should say either that the interest rate was increased by 1 percentage point, or that the interest rate was increased by

In general, the term "percentage point(s)" indicates an absolute change or difference of percentages, while the percent sign or the word "percentage" refers to the relative change or difference.[2]

Other change units

Change in a quantity can also be expressed logarithmically using the unit of logarithmic change: the neper (Np). Normalization with a factor of 100, as done for percent, yields the derived unit Template:Visible anchor (cNp) which aligns with the definition for percentage change for very small changes:

But using cNp has two additional advantages. First, there is no need to keep track of which of the two quantities, V1 or V2, the change is expressed relative to, since, under the conditions of the approximation, the two quantities are nearly the same. Second, an X cNp change in a quantity following a -X cNp change returns that quantity to its original value. For example, if a quantity doubles, this corresponds to a 69cNp change (an increase). When it halves again, it is a -69cNp change (a decrease.)

Examples

Comparisons

Car M costs $50,000 and car L costs $40,000. We wish to compare these costs.[3] With respect to car L, the absolute difference is $10,000 = $50,000 - $40,000. That is, car M costs $10,000 more than car L. The relative difference is,

and we say that car M costs 25% more than car L. It is also common to express the comparison as a ratio, which in this example is,

and we say that car M costs 125% of the cost of car L.

In this example the cost of car L was considered the reference value, but we could have made the choice the other way and considered the cost of car M as the reference value. The absolute difference is now -$10,000 = $40,000 - $50,000 since car L costs $10,000 less than car M. The relative difference,

is also negative since car L costs 20% less than car M. The ratio form of the comparison,

says that car L costs 80% of what car M costs.

It is the use of the words "of" and "less/more than" that distinguish between ratios and relative differences.[4]

See also

Template:More footnotes

Notes

43 year old Petroleum Engineer Harry from Deep River, usually spends time with hobbies and interests like renting movies, property developers in singapore new condominium and vehicle racing. Constantly enjoys going to destinations like Camino Real de Tierra Adentro.

References

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    To achieve the very best outcomes, you must be always updated on market situations, including past transaction information and reliable projections. You could review and examine comparable homes that are currently available in the market, especially these which have been sold or not bought up to now six months. You'll be able to see a pattern of such report by clicking here It's essential to defend yourself in opposition to unscrupulous patrons. They are often very skilled in using highly unethical and manipulative techniques to try and lure you into a lure. That you must also protect your self, your loved ones, and personal belongings as you'll be serving many strangers in your home. Sign a listing itemizing of all of the objects provided by the proprietor, together with their situation. HSR Prime Recruiter 2010
  • Template:Cite web
  • Template:Cite web

External links