Explanation Given information: In first scenario, there is a shortfall of $ 10 when $ 20 is owned. In second scenario a shortfall of $ 10 occurs when a lottery of $ 5 , 000 , 000 is won. Formula used: The difference between two numbers can be calculated as below, Difference = New value − old value And the relative difference between two values can be calculated as below, Relative Difference = Difference Original value × 100 % Consider the above information provided in the scenarios. Now calculate the relative difference for first scenario, First of all calculate the difference of above data from first scenario. Difference = $ 10 − $ 20 = − $ 10 Now calculate the relative difference between two values as below, Relative Difference = Difference Original value . Substitute, the given values in above equation

Pathways to Math Literacy with 18 Week ALEKS Access Card

1st Edition

ISBN: 9781259278723

Author: David Sobecki Professor, Brian A. Mercer

Publisher: McGraw-Hill Education

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Chapter 2.4, Problem 2C

To determine

The comparison of relative difference of two shortfalls of $10

in two scenarios in the opening paragraph of this lesson.

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Chapter 2.4, Problem 1C

Chapter 2.4, Problem 3C

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Pathways to Math Literacy with 18 Week ALEKS Access Card

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The comparison of relative difference of two shortfalls of $ 10 in two scenarios in the opening paragraph of this lesson.

Solution Summary: The author compares the relative differences of two shortfalls of 10 in two scenarios in the opening paragraph of this lesson.

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The comparison of relative difference of two shortfalls of $ 10 in two scenarios in the opening paragraph of this lesson.

Solution Summary: The author compares the relative differences of two shortfalls of 10 in two scenarios in the opening paragraph of this lesson.

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The comparison of relative difference of two shortfalls of $10

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