Layout railing installation to determine post locations. b. Beneath all post locations install at least two 2x8 blocks using at least three #10x3 Â½â deck screws penetrating. through the joists at least 1 Â½â into the blocks (see diagram for details) Raise bottom. insert temporarily. to allow room to.
What it is: A basis point is the smallest measure used in quoting yields on fixed income products. Basis points also pertain to interest rates. One basis point is equal to one one-hundredth of one percentage point (0.01%). Therefore, 100 basis points would be equivalent to 1%.
However, this is different from percent change, as that would be (.03-.02)/.02 = 50% = 50 basis points. I should think in absolute terms and literally add .50% to whatever changed. If I am told that X changed by Y percent, then I should carry out the (.03-.02)/.02 = 50% = 50 basis points calculation above.