TeachMeFinance.com - explain Ratio estimate
Ratio estimate The term 'Ratio estimate' as it applies to the area of energy can be defined as ' The ratio of two population aggregates (totals). For example, 'average miles traveled per vehicle' is the ratio of total miles driven by all vehicles, over the total number of vehicles, within any subgroup. There are two types of ratio estimates those computed using aggregates for vehicles and those computed using aggregates for households'.
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