It was estimated that 550 people would attend the baseball game, but 594 people actually attended.

Question

Question
What is the percent error, to the nearest percent, of the estimate? Enter the answer in the box.

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percent error

Answer 1

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

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

In this case, the actual value is 594 and the estimated value is 550.

Substituting the values into the formula:

\[ \text{Percent Error} = \left(\frac{594 - 550}{594}\right) \times 100 \]

Calculating the difference:

\[ 594 - 550 = 44 \]

Now dividing by the actual value:

\[ \frac{44}{594} \approx 0.07405 \]

Now, multiplying by 100 to get the percent:

\[ 0.07405 \times 100 \approx 7.41 \]

Rounding to the nearest percent, the percent error is approximately 7%.

So, the answer to enter is:

7