Question

A town is estimated as 855 residents. while during the survey it was noticed that the population actually is 900. calculate the percent of error round off to 2 decimal places

Answer 1

Percent error = -1.67%

Explanation:

Actual = 900 residents

Estimate = 855 residents

Percent error = (Estimate - Actual)/(Actual))*(100%)

(Estimate - Actual)/(Actual))*(100%)

(855 - 900)/(900))*(100%)

((-5)/900)*(100%)

Percent error = -1.67%