To find the percent error, you can use the following formula:
\[ \text{Percent Error} = \left( \frac{\text{Absolute Error}}{\text{Expected Value}} \right) \times 100 \]
First, we need to calculate the absolute error, which is the difference between the expected time and the actual time they took to finish the race:
- Expected time = 60 minutes
- Actual time = 53 minutes
\[ \text{Absolute Error} = \text{Expected Value} - \text{Actual Value} = 60 - 53 = 7 \text{ minutes} \]
Now, we can plug the values into the percent error formula:
\[ \text{Percent Error} = \left( \frac{7}{60} \right) \times 100 \]
Calculating that:
\[ \text{Percent Error} = \left( 0.1167 \right) \times 100 \approx 11.67 \]
Rounding to the nearest tenth, the percent error is:
\[ \text{Percent Error} \approx 11.7% \]
So, the percent error is 11.7%.