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Erika calculated that she would spend $115 on school supplies this year. She actually spent $82.50 on school supplies. What is Erika’s perce
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Erika calculated that she would spend $115 on school supplies this year. She actually spent $82.50 on school supplies. What is Erika’s percent of error? (5 points)
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Mathematics
3 years
2021-07-23T19:07:44+00:00
2021-07-23T19:07:44+00:00 1 Answers
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Answer:
Step-by-step explanation:
Percentage error is calculated by
Percentage error = (estimate-real)/real*100%=(115-82.5)/82.5*100%=28.26%
An over-estimate gives a positive error percent, and an underestimate gives a negative error.
Also, dividing by the real value makes it possible to have more than 100% error.
For example, if real cost is $50, and estimated cost is $150, then error percent is (150-50)/50*100%=200%!
C: 39.4%
Step-by-step explanation:
The formula to calculate the percent error is given by :-
Given: The estimated amount = $115
The actual amount = $ 82.50
Now, the percent of error will be given by :-