The following data shows the distribution of bank branches in Canada in 2008 and 2018. Complete the
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Question:
The following data shows the distribution of bank branches in Canada in 2008 and 2018. Complete the last two columns of the table by calculating the absolute increase or decrease in branches, and the percentage increase or decrease for each province and territory. (To calculate absolute increase/decrease, subtract the number of branches in 2008 from the number of branches in 2018. Then, divide this number by the number of branches in 2008 and multiply by 100 to find the percentage increase/decrease) (12 marks)
- MAKE SURE TO SHOW ALL CALCULATIONS IN THE BLANKS
Province/ Territory | Number of Branches | Absolute Increase/Decrease | % Increase/Decrease | |
2008 | 2018 | |||
Newfoundland | 136 | 148 | ||
PEI | 31 | 34 | ||
Nova Scotia | 258 | 269 | ||
New Brunswick | 186 | 207 | ||
Quebec | 1499 | 1783 | ||
Ontario | 3066 | 3608 | ||
Manitoba | 337 | 309 | ||
Saskatchewan | 387 | 297 | ||
Alberta | 726 | 718 | ||
British Columbia | 852 | 938 | ||
Yukon, NWT, Nunavet | 28 | 38 | ||
Totals | 7506 | 8349 | ||
Source: Canadian Payments Association, with permission |
- Which province or territory had the largest percentage increase? (1 mark)
- Which province(s) experienced negative growth? (1 mark)
- How many of the provinces and territories had percentage increases over 10%? List these provinces and their percentage increases. (3 marks)
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