A photograph from the club would like to raise money for a local health organization by selling popcorn the club predicts they need to sell 250 bags of popcorn to reach their end goal at the end of the fundraiser. They sold 266 bags of popcorn to meet their goal what is the percentage air round the answer to the nearest whole number.

1 answer

To calculate the percentage error, you can use the formula:

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

In this case:

  • Actual Value = 266 bags
  • Predicted Value = 250 bags

First, find the difference between the actual value and the predicted value:

\[ \text{Difference} = 266 - 250 = 16 \]

Now, plug the values into the percentage error formula:

\[ \text{Percentage Error} = \left( \frac{16}{250} \right) \times 100 \]

Calculating this gives:

\[ \text{Percentage Error} = 0.064 \times 100 = 6.4 \]

Rounding to the nearest whole number, the percentage error is:

\[ \text{Percentage Error} \approx 6% \]

So, the percentage error is approximately 6%.