The cumulative percentage is used to track and understand the overall progress, growth, or distribution of a particular variable within a dataset. It represents the total percentage of that variable accounted for up to a certain point or category.
Cumulative percentages are commonly used in various fields, including statistics, finance, business, and population studies. They are useful for analyzing trends, measuring progress, identifying outliers, and making comparisons.
For example, in a sales dataset, the cumulative percentage of sales can provide insights into how much of the total sales revenue is contributed by various products or regions. In population studies, the cumulative percentage of income can show the proportion of the total population that falls below a specific income level.
Overall, the cumulative percentage helps in visualizing and understanding the cumulative or aggregated impact of a variable, providing a comprehensive understanding of the data distribution.
What is the cumulative percentage used for?
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