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The previous statistical period is referred to as "comparatively speaking" month on month.
Compared to the previous year's "same statistical period", it is called "year-on-year". The reason why it is "last year" here is because generally the time of the year is a more appropriate length of time, which can reflect the general development trend.
Of course, if due to the particularity of the analysis target, it is necessary to analyze the situation of each day of the week with a week as the analysis cycle, then it can also be said that this Tuesday is month-on-month for Monday, and year-on-year for last Tuesday.
How to compare depends on your choice of statistical period.
Extended information: 1. Year-on-year growth.
What is the difference between sequential growth and sequential growth:
These are all statistical terms, and the main difference is that the base period is different. Month-on-month growth refers to the increase (magnitude) compared to the same period in history, and year-on-year growth refers to the increase (magnitude) compared to the previous period, previous year, or history.
1. The year-on-year development rate is mainly to eliminate the impact of seasonal changes, which is used to illustrate the relative development rate achieved by comparing the development level of the current period with the development level of the same period last year. For example, February of this period is compared with February of last year, and June of this period is more than June of last year. It is calculated as follows:
Year-on-year development rate (current development level - year-on-year development level) Development level in the same period last year 100% In practice, this indicator is often used, such as the development rate calculated by comparing a certain year, a certain quarter, a certain month with the same period of the previous year, which is the year-on-year development rate.
2. The month-on-month ratio is divided into daily-month-on-month, weekly-month-on-month, month-on-month and year-on-year. The month-on-month rate of development is the dynamic relative figure obtained by comparing the level of the reporting period with the level of the previous period (comparison of adjacent periods). Indicates the degree to which the phenomenon develops and changes over time.
If you calculate the comparison of each month in a year with the previous month, i.e. February vs. January, March vs. February, and April vs. March.
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The year-on-year and month-on-month problems are often encountered in data analysis, and they are also a headache for the majority of public candidatesI don't know how to understand their definitions, let alone how to answer similar questions. I am a middle school mathematics teacher, and I often explain some definitions of mathematics to students in the course, and in the process, I found that many students cannot understand the definition of mathematics well before entering the school, but give some examples that are close to life, and students like and understand. Month-on-month and year-on-year can also be understood in this wayBoth month-on-month and year-on-year comparisons are used to reflect changing trends so that people can analyze the good or bad of some situations and make the right decisions.
Therefore, it is necessary to have a knowledge of year-on-year and month-on-month, which is often encountered in statistics.
The year-on-year definition is a comparison with a certain period (e.g. the same period last year).For example, in 2016, China's oil imports were 19.69 million tons, a year-on-year increase of 15 percent, and the year-on-year comparison here refers to the comparison with the 2015 regret data; In May 2017, China's aquatic product output was 10,000 tons, a year-on-year increase of three percent, and the year-on-year value here is a comparison with the data in May 2016.
Chain is defined as a comparison with the previous statistical periodFor example, in May 2017, China's aquatic product output was 10,000 tons, an increase of 2% month-on-month, and the month-on-month comparison here refers to the comparison with the data in April 2017.
In fact, it can be summed up as "".Year-on-year and month-on-monthIt means that the year-on-year comparison is the year, and the month-on-month comparison is the end time, and you can push it forward by one. The year-on-year data in 2012 is 2011, not month-on-month; The year-on-year increase in August 2016 is August 2015, and the month-on-month increase is July 2016; August 15, 2016 year-on-year is August 15, 2015, month-on-month is August 14, 2016; The first quarter of 2016 is the first quarter of 2015 year-on-year, and the fourth quarter of 2015 is the quarter-on-quarter of 2015.
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Ring growth refers to the comparison with the previous period's volumeThere are two methods of month-on-month growth rate and month-on-month development rate. For example, July 2005 is referred to as month-on-month compared to June 2005.
The year-on-year comparison is generally the nth month of the current year and the nth month of the previous year. The year-on-year development rate is mainly used to eliminate the impact of seasonal variations, and is used to illustrate the relative development rate achieved by comparing the current development level with the development level of the same period.
For example, February of the current period is compared with February of the same period last year, and June of the current period is compared with June of the same period last year. The calculation formula is: year-on-year development rate = current development level 100% of the same period level; Year-on-year growth rate = (current development level - same period level) Development level 100%.
In practice, this indicator is often used, such as the development rate calculated by comparing a certain year, a certain quarter, a certain month and the same period, which is the year-on-year development rate.
The difference between year-on-year and month-on-month.
To put it simply, year-on-year, month-on-month and fixed-base ratios can all be expressed as percentages or multiples. The development rate of the fixed base ratio, also referred to as the total speed, generally refers to the ratio of the level of the reporting period to the level of a fixed period, indicating the overall development rate of this phenomenon over a long period of time. The year-on-year development rate generally refers to the relative development rate achieved by comparing the development level of the current period with the development level of the same period of the previous year.
The month-on-month development rate generally refers to the ratio of the level of the reporting period to the level of the previous period, indicating the development rate of the phenomenon period by period. Year-on-year and month-on-month, although both reflect the speed of change, due to the different base periods, the connotations they reflect are completely different.
Generally speaking, the year-on-month comparison can be compared with the month-on-month comparison, but the year-on-year comparison cannot be compared with the month-on-month comparison; For the same place, considering the reflection of the longitudinal development trend in time, it is often necessary to compare the year-on-year and month-on-month comparisons.
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Summary. Hello, year-on-year refers to the comparison of the current year (quarter, month) with the previous year's year (quarter-month). QoQ refers to the comparison of the current quarter or month with the previous quarter or month.
What is year-over-year growth? What is QoQ growth?
Hello, year-on-year refers to the comparison of the current year (quarter, month) with the previous year's year (quarter-month). QoQ refers to the comparison of the current quarter or month with the previous quarter or month.
For example, for example, the month of July 2005 compared to July 2004 is called year-on-year, for example, the month of July 2005 is compared to June 2005, it is called month-on-month.
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Correct, you're referring to this**.
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Hello, last week and this week's growth ratio can be calculated by the following formula:
Growth Ratio = Value of the Week - Value of the Last Week) 100% of the value of the previous week
The current week value refers to a certain item of data this week, and the last week value refers to the same data at the same time last week. The increase in beat-to-length ratio can reflect the change of the data of the current week compared to the previous week, and is a commonly used data analysis indicator.
This represents a 50% increase in visits to the ** compared to last week. If the growth ratio is negative, it means that there has been a decline in the data. For example, if the last week had 2,000 visits and this week had 1,500 visits, the growth ratio would be:
This means that the number of visits to this ** is down 25% compared to last week.
It is important to note that the growth ratio only reflects the relative changes between the two periods, and does not indicate the absolute value of the data. Therefore, in data analysis, it is necessary to consider the growth ratio and the actual value comprehensively to draw more accurate conclusions.
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