A way to analyze the differences between two sets of data is to look at the percent difference of a value in one data set compared with that value in the second data set.

Question

Quizplus · Accepted Answer

Percent difference can be used to analyze the differences between two sets of data by comparing the difference in values between the two sets relative to the average of the two values. The percent difference formula is ((|value 1 - value 2|)/((value 1 + value 2)/2))*100.

A Way to Analyze the Differences Between Two Sets of Data