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7 Math Ch. 8
Applying Percent
Term | Definition |
---|---|
discount | the amount by which the regular price of an item is reduced |
percent equation | an equation that describes the relationship between the part, base, and percent |
percent of change | a ratio that compares the change in a quantity to the original amount |
percent of decrease | a percent of change when the original quantity decreased |
percent of increase | a percent of change when the original quantity increased |
population | the entire group of items or individuals from which the samples under consideration are taken |
principal | the amount of money invested or deposited |
random sample | a sample in which the members are selected purely on the basis of chance |
sales tax | an additional amount of money charged on items that people buy |
simple interest | the amount paid or earned for the use of money |
survey | a question or set of questions designed to collect data about a specific group of people |