Question

for a music concert organizers originaklly stated that 850 people attended the concert the attndace was actually 920 what is the apporximate percent error

Answer 1

To calculate the approximate percent error, you can use the following formula:

\[
\text{Percent Error} = \left( \frac{\text{Actual Value} - \text{Estimated Value}}{\text{Actual Value}} \right) \times 100
\]

In this case:

- Estimated Value = 850
- Actual Value = 920

Now plug the values into the formula:

\[
\text{Percent Error} = \left( \frac{920 - 850}{920} \right) \times 100
\]

\[
= \left( \frac{70}{920} \right) \times 100
\]

\[
= 0.0761 \times 100 \approx 7.61\%
\]

So, the approximate percent error is **7.61%**.