Question

The population of a town increased from 45,123 in 2018 to 51,567 in 2020. Find the absolute and relative (percent) increase. Round all values to two decimal places.

Answer 1

To find the absolute increase in population, subtract the population in 2018 from the population in 2020:

Absolute Increase = Population in 2020 - Population in 2018
Absolute Increase = 51,567 - 45,123

Now, calculate the absolute increase:

Absolute Increase = 6,444

To find the relative (percent) increase, you can use the following formula:

Relative Increase (%) = (Absolute Increase / Population in 2018) * 100

Plug in the values:

Relative Increase (%) = (6,444 / 45,123) * 100

Now, calculate the relative increase:

Relative Increase (%) ≈ 14.27%

So, the absolute increase in population is 6,444, and the relative increase is approximately 14.27%.