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Tue 27 Mar, 2012 01:48 pm
I have large amount of data for labor categories. I need to show % increase of rates, as the rates increase for several years. I need to calculate the average % increases and use this to correct (extrapulate) inconsistencies in the data. How can I perform this task? I mean is there anything in statistical analysis that I can readup on to help me solve the problem?
@sageer70,
This book seems to have some good reviews.
@DrewDad,
Unfortunately, I have a quick deadline. If you guide me to the topic, it would be great.
Thanks.
@DrewDad,
This is way over my head. Basically I have about two million data points. Rates increase every year for hundreds of labor categories. I need to find the % increase of rates as the years vary. I don't know statistics at all. I am just looking for a general topic area which I can research to solve this problem.
Thanks
@sageer70,
The formula for percent of change is Change / Base = Delta Percent.
Is that too simple for your situation?
@roger,
Yes it is. I need to create some sort of a chart for this. I don't know what type?
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