To calculate the percentage error in Julian and Brittany's prediction, we can use the following formula for percentage error:
\[ \text{Percentage Error} = \left( \frac{|\text{Predicted} - \text{Actual}|}{\text{Actual}} \right) \times 100 \]
In this case:
- Predicted number of attendees = 275
- Actual number of attendees = 265
Now, plug the values into the formula:
-
Calculate the absolute error: \[ |\text{Predicted} - \text{Actual}| = |275 - 265| = 10 \]
-
Substitute into the percentage error formula: \[ \text{Percentage Error} = \left( \frac{10}{265} \right) \times 100 \]
-
Calculate the fraction: \[ \frac{10}{265} \approx 0.0377358491 \]
-
Multiply by 100 to convert to a percentage: \[ 0.0377358491 \times 100 \approx 3.77358491 \]
-
Round to the nearest hundredth: \[ \text{Percentage Error} \approx 3.77% \]
Therefore, the percentage error in their prediction is approximately 3.77%.