HOW DO YOU CALCULATE THE PERCENTAGE?
The percentage of a data set can be calculated by dividing a component value by the total value; and then multiplying that value by 100.
Example
If we wanted to know the percentage of employees who are factory workers out of all employees, the same formula is applied.
Employment details of 'The Widget Company' |
|  |
| Observation | Position in company | Salary ($) | |
| |
| 1 | CEO | 100 000 | |
| 2 | Manager | 60 000 | |
| 3 | Manager | 60 000 | |
| 4 | Factory Worker | 50 000 | |
| 5 | Factory Worker | 50 000 | |
| 6 | Factory Worker | 50 000 | |
| 7 | Factory Worker | 50 000 | |
| 8 | Trainee | 40 000 | |
| 9 | Trainee | 40 000 | |
| |
In this case:
Thus we find 44% of all employees from ‘The Widget Company’ are factory workers.
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