BSharma wrote:Thanks Suresh for your calculations.Lin. Extrapolation for 2006: 116 = €206,177 and 147=€121,023.
Can you explain to a math-challenged person how did you come up with this figure? I have not looked carefully at the amount of prize money offered in 2004 and 2005, and what will be given out in 2006 because it may have a bearing on the calculations of rank #116 and #147 for 2006.
I assumed that percentage increase from 2004 to 2005 is the same as the increase from 2005 to 2006. It is called a linear extrapolation because one can draw a straight line connecting the three numbers. I was a wee bit more sophisticated -- I used the average of the two percentage increases (that for the 116 and 147 positions). The end result is that the increase is about 18%. The bottom line is that it gives one concrete numbers to work with.