Off topic but if I may. The way people use percentages to express multiples is confusing. A doubling is a 100% increase. So a 200% increase is 3x, and so on. Then at some point we forget about the +1 and 1000% is "10 times the sum it previously paid for software licenses". Just a pet peeve I guess : )
ghaff|1 year ago
So no, not just your pet peeve. I personally hate 100% increase and that sort of thing. Even if I know the correct interpretation, I have no idea if the writer did.
bell-cot|1 year ago
Lordy, YES. A successful business must have good communication. Not people saying "actually, I was right, but ...".
Thorrez|1 year ago
wccrawford|1 year ago
Now, any time I see anything more than 100% for an increase, I assume the person doesn't know how to say it properly, and the vast majority of the time I'm correct. I certainly never make any decisions (including opinions) based on that information without doing the math myself.
jcelerier|1 year ago
"wrong" and "correct" are only defined by what people actually say - if people mainly say "101% increase" to mean "new value = old value * 1.01" then that's what it means whether it makes sense grammatically or not.
kibwen|1 year ago
In addition, don't express changes in terms of ratios, express them in terms of actual quantities.
So instead of saying "our efficiency increased by 100%", get rid of the ratio and express it as a multiple of the relevant underlying quantities, e.g. "our costs are 0.5x".
blitzar|1 year ago
ocal5|1 year ago
Would be lovely, but transparency is not good for every way of doing business :’ )
Double_a_92|1 year ago
The problem is that the whole sentence doesn't make sense with a number there. "Company claims 10 price hike drove it from VMware..."
miroljub|1 year ago
Would you really get more value from the headline if it said "923% increase" instead of 1000%?
ghaff|1 year ago
cbm-vic-20|1 year ago
rapind|1 year ago
Whereas the inverse of 3x is (1/3)x and still far clearer (three times the size and one third the size).
Meanwhile 3x “smaller” is the inverse of 3x “bigger”, not 300% “increase”, which is mathematically different. The adjectives break our brains. Much easier to comprehend if we don’t use them, using “the size” instead.
abofh|1 year ago
asddubs|1 year ago
Aachen|1 year ago
atorodius|1 year ago
stonemetal12|1 year ago
ta1243|1 year ago
"200%" increase vs "100%" increase is double the difference, a far more significant number.
foxglacier|1 year ago
Y_Y|1 year ago
Lutger|1 year ago
pdpi|1 year ago
ZoomZoomZoom|1 year ago
A "price hike" is not necessary an "increase", i.e. a sum of the old price and a change, which is X + X * (P/100). It very well might also mean "a price hike to Y", i.e. "the new price is now P percent of the old" which is a multiple (X * (P/100)).
But yeah, it's usually very confusing for all the parties involved, especially when the change is negative.
ralferoo|1 year ago
A "price hike" is always an increase, and specifically a large increase. If the value has decreased it'd be a "price drop" and a large drop would be a "price slash".
outside1234|1 year ago
_fizz_buzz_|1 year ago
unknown|1 year ago
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eadmund|1 year ago
And of course, the worst people of all think that one third is less than one fourth.
Personally, I blame the widespread usage of decimal notation rather than fractions. The so-called ‘metric’ system (a misnomer, because every system of measurements … measures) bears a lot of blame here.