To calculate the percent error, you can use the formula:
\[ \text{Percent Error} = \left( \frac{\text{Absolute Error}}{\text{Actual Value}} \right) \times 100 \]
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Determine the Absolute Error:
- The predicted time is 60 minutes.
- The actual time taken is 53 minutes.
- Absolute Error = Predicted Value - Actual Value = \( 60 - 53 = 7 \) minutes.
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Identify the Actual Value: The actual value is the time they predicted, which is 60 minutes.
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Calculate Percent Error: \[ \text{Percent Error} = \left( \frac{7}{60} \right) \times 100 \]
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Perform the calculation: \[ \text{Percent Error} = \left( 0.1167 \right) \times 100 \approx 11.67 \]
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Round to the nearest tenth:
- Rounding 11.67 gives us 11.7.
So, the percent error is approximately 11.7%.