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Percentages - sometime the simplest things are the most difficult (04 Feb 18)

The number of replies I got was gratifying as I really do work my socks off to put all the articles and courses together.


I am writing to thank everybody who sent in their thoughts on a new course we’re developing on Statistics for the Terrified.    

 

The number of replies I got was gratifying as I really do work my socks off to put all the articles and courses together.  One previous reply was really useful, so I’m passing it onto you as it might sound familiar.     

     

“Interesting…Just some quick thoughts about issues that come up in the past…

 

Percentages

 

Perhaps a bit cruelly I once ran an informal session on Arrears Reporting and Performance for income recovery officers.

 

We started by providing some arrears data and asked the group to work out % arrears performance.

 

We provided:

 

Weekly arrears:                17,500

Weekly rent due:             100,000

 

And asked the group to work out % arrears using the formula

 

(Arrears * 100)/annual debit

 

Arrears

Weekly debit

Annual debit

% arrears

£17,500

£100,000

£5,200,000

0.34%

 

Calculators and excel were available – a significant number of attendees really struggled with this.

 

Same issue applied with rent collected as % of rent due.

 

Click here to continue

 

If you would like to run an in house course on Statistics for the Terrified please do email me at rod@rodlaird.co.uk or phone 01494 772 458.

 

Best wishes

 

Rod

 



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