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The slugging percentage (SLG) may be used to determine which player is better when two or more players have the same or almost the same batting average.
This percentage is calculated by using the formula below.
Some useful terminology
Total bases = Number of bases covered
Number of official at bats = Any turn as a batter
Home run = 4 bases
Triple = 3 bases
Double = 2 bases
Single = 1 base

The higher the slugging percentage, the better the player.
When the percentage is high, it means that the player has hit the ball farther or better resulting in getting to more bases or home runs.
However, a factor that will influence the SLG is the number of outs.
The more outs, the lower the SLG.
So, a player can maximize the SLG by increasing the number of bases and decreasing the number of outs.
When computing this SLG, we usually round decimal answers to three places.