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How’s Rachael from accounts getting on…..

TomWW said:
Find an accepted formula for the Rate of Change of the Inflation rate, and I'll use that.
In the meantime your presentation of a few useless numbers are exactly that - useless.
Click to expand...
so 3.5 /2.6 is not 1.346?

How odd.
 
motorbiking said:
so 3.5 /2.6 is not 1.346?

How odd.
Click to expand...
It is, but the numbers have no relevance to any invented Rate of Change of Inflation because the measure does not exist.
It was invented by gas and you adopted it as some silly point scoring mechanism. More fool you for believing gas knows what he's talking about.
:ROFLMAO::ROFLMAO:
 
motorbiking said:
you are welcome to try

(3.5 - 2.6) / 2.6 * 100 =34.615

I wonder if that gives the same answer :LOL:
Click to expand...
It's nonsense numbers being juggled and has no relevance to the Rate of Inflation measurement. :rolleyes:

How's the magician vocation working out for you? :ROFLMAO::ROFLMAO:
There's always clowning to fall back on if there's not enough work for magicians of your calibre. :ROFLMAO::ROFLMAO:
 
It's odd that you refuse to accept two perfectly valid mathematical ways to show that one number has grown by 34.6%. The rise in the rate of inflation has increased by a 1/3rd. You cannot dispute this.

No amount of hop, skip and jumping around is going to get you out of this one:
gas112 said:
poor old rachel 34% increase in the inflation rate in a month
Click to expand...
Correct. though with rounding its 35%.
 
motorbiking said:
It's odd that you refuse to accept two perfectly valid mathematical ways to show that one number has grown by 34.6%. The rise in the rate of inflation has increased by a 1/3rd. You cannot dispute this.
Click to expand...
You cannot calculate the rate of inflation like that. Inflation indicates the change in prices, as a percentage, over a set period of time.
What you are referring to is the Rate of Change, But for inflation, there is no such calculation. Never has been, Probably never will be because inflation is measured in the change in prices, from the beginning of one period to the end of another period.
You cannot use the inflation rates themselves to calculate some other nebulous concept.

To draw you an analogy that you might understand:
You can measure the heights of tides, and compare one day's height with another days, to see the difference as a percentage.
But then taking two percentages and trying to draw some inference from it would be nonsense.
It might give you a rate of change, but that is useless to man and beast, because it would vary so much from time to time, season to season.
Instead of a line graph showing the heights of the tides per day, you would end up with a grossly exaggerated swings of percentages, which would not represent anything, and would be useless anyway.
 
Break, spend and tax. The new economic strategy.

The more she squeezes the more she damages.

Meanwhile. “Record investment in the NHS”. Turns out to be less that the conservatives increased over the last 2 parliaments according to the ONS.
 
motorbiking said:
Break, spend and tax. The new economic strategy.

The more she squeezes the more she damages.

Meanwhile. “Record investment in the NHS”. Turns out to be less that the conservatives increased over the last 2 parliaments according to the ONS.
Click to expand...

Notch will be along in a minute to tell you it's more.
 
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