RELATIVE CHANGE Definition

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RELATIVE CHANGE is a value that is properly related in size or degree or other measurable characteristics, e.g. cost of goods enjoyed a relative change of 9% as compared to prior period performance.

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NEGATIVE DOLLAR is a dollar that is owed to another entity.

MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

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