To calculate the percent error, we can use the following formula:
\[ \text{Percent Error} = \left( \frac{\text{Actual Value} - \text{Predicted Value}}{\text{Predicted Value}} \right) \times 100 \]
In this case:
- The Predicted Value is 60 minutes (the time they expected to finish).
- The Actual Value is 53 minutes (the time they actually took).
Now, we can plug in the values:
\[ \text{Percent Error} = \left( \frac{53 - 60}{60} \right) \times 100 \]
Calculating the numerator:
\[ 53 - 60 = -7 \]
Now substituting back into the formula:
\[ \text{Percent Error} = \left( \frac{-7}{60} \right) \times 100 \]
Calculating the fraction:
\[ \frac{-7}{60} \approx -0.1167 \]
Now multiplying by 100 gives:
\[ \text{Percent Error} \approx -11.67 \]
To find the percent error as a positive value, we take the absolute value:
\[ \text{Percent Error} \approx 11.7 \]
Rounding to the nearest tenth, the percent error is:
\[ \boxed{11.7} \]