The assined percentage is 29.4%, 22.73%, 18.97%, 3.60%, 15.34%, 5.01% and 2.94%
Cumulative percentage is 29%, 52% 71%, 75%, 90%, 95% and 100%
Explain one sntence each how cumulative percentage was calcuated and what is the relationship between assigned and cumulative?
show me exmaple of owrking out adding up all the previous assigned percentages up to a specific point.
To calculate the cumulative percentage, you add up all the previous assigned percentages up to a specific point, representing the accumulation of values.
The relationship between assigned and cumulative percentages is that the cumulative percentage reflects the total portion of an entity or amount that is encompassed by the assigned percentages up to a particular point.
Here is an example of calculating the cumulative percentage for the 4th data point (3.60%):
Cumulative Percentage = Assigned Percentage 1 + Assigned Percentage 2 + Assigned Percentage 3 + Assigned Percentage 4
Cumulative Percentage = 29.4% + 22.73% + 18.97% + 3.60%
Cumulative Percentage = 74.70%