Monday, January 3, 2022

Percent

One common math trick used to distort the truth is to use percentages. For example if you have 1,000 gigets and you get 50 more you have increased your supply by 5%. If I have 100 and get 50 more I have increased my total by 50%. Keep this in mind when reading statistics and check actual numbers. A good example is in the news today where Tesla announced it sold 87% more cars in 2021 than it sold in 2020. The sales in 2021 were 936,000. Toyota sales decreased by 5% and they sold 6.5 million cars.

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