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Explain the statistical deception in the statement bellow.

Suppose the gasoline went up to 10% last year and 10% again this year. Over
the 2 years, the gasoline went up by 20%


Sagot :

Answer:

this is wrong

Step-by-step explanation:

1 + 1 x 10% + (1 + 1 x 10% 1 x 10%

= 1 + 0.1 + 0.11

= 1.21

[tex]1.21 - 1\\----\\1[/tex]  x 100% = 21%

so the gasoline went up by 21%