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The crowd at a sporting event is estimated to be 3,000 people. The exact attendance is 2,486 people. What is the percent error, and explain how you arrived at your answer to receive full credit?

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Final answer:

To calculate the percent error, subtract the estimated value from the actual value, divide by the actual value, and multiply by 100%.

Step-by-step explanation:

To calculate the percent error, use the formula:

Percent Error = (|Estimated Value - Actual Value| / Actual Value) x 100%

In this case, the estimated value is 3,000 and the actual value is 2,486. Plugging in these values into the formula, we get:

Percent Error = (|3000 - 2486| / 2486) x 100% = 20.89%

Therefore, the percent error is approximately 20.89%