To find Eric's relative error, we can use the formula for relative error:
\[ \text{Relative Error} = \frac{|\text{Measured Value} - \text{Actual Value}|}{\text{Actual Value}} \]
In this case, Eric's measured value is 7.94 inches, and the actual value is 8 inches.
- Calculate the absolute error:
\[ |\text{Measured Value} - \text{Actual Value}| = |7.94 - 8| = | -0.06| = 0.06 \]
- Now, use the relative error formula:
\[ \text{Relative Error} = \frac{0.06}{8} \]
- Calculate the relative error:
\[ \text{Relative Error} = 0.0075 \]
- To express this as a decimal to the nearest thousandth:
0.0075 rounds to 0.008 when rounded to the nearest thousandth.
Thus, Eric's relative error is approximately 0.008.