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Original Articles

How Should Relative Changes be Measured?

, &
Pages 43-46
Published online: 12 Mar 2012
 

Abstract

Various indicators of relative change (or difference) are considered. It is shown that the log change defined by log e (y/x) is the only symmetric, additive, and normed indicator of relative change. It is proposed that the values of the log change in percent, 100 log e (y/x), be denoted by the symbol L%, the log percentage. It is hoped that the symmetric and additive log percentages will gradually replace the ordinary asymmetric and nonadditive percentages.

 

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