Recall the Application about the government of Mexico City repainting highway lane lines to transform a 4-lane highway into a 6-lane highway to answer the following question(s).
-When computing percentage changes, using the simple approach results in increases and decreases which are
A) identical.
B) symmetric.
C) not symmetric.
D) more accurate than using the midpoint method.

Question

Quizplus · Accepted Answer

The simple approach to computing percentage changes is not symmetric because the change from A to B is a different percentage than the change from B to A. This is because the percentage change formula is based on the starting value. The midpoint method, which takes the average of the starting and ending values, is a more accurate way to compute percentage changes.

Recall the Application About the Government of Mexico City Repainting