Last year's budget for the legislative branch of the U.S. government was $4919 million, and this year
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Last year's budget for the legislative branch of the U.S. government was $4919 million, and this year it is $5333 million. Consider last year's budget of $4919 million to be the reference value.
a. What is the absolute change in the budget from last year to this year?
b. What is the relative change in the budget from last year to this year?
c. Next year's budget is estimated to be $5185 million. What is the percentage decrease from this year's budget of$5333?
d. If next year's budget is changed so that it is 5% less than this year's budget of $5333 million, what is the amount of next year's budget?
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Related Book For
Statistical Reasoning for Everyday Life
ISBN: 978-0321817624
4th edition
Authors: Jeff Bennett, Bill Briggs, Mario F. Triola
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