The percentage error of Shaun's estimate is 44%
Here, we want to get the percentage error
We can get this by using the formula below;
![\frac{error}{\text{actual value}}\text{ }*\text{ 100\%}](https://img.qammunity.org/2023/formulas/mathematics/college/geqlrs6punhk4r4nbgj5wqle3o982dwr2m.png)
We have the error as the difference between the estimated value and the actual value
The difference is;
![1,788\text{ - 1,000 = 788}](https://img.qammunity.org/2023/formulas/mathematics/college/jf1wd4temuvbnkwgs85ya8uma7patri7fd.png)
The percentage error is;
![(788)/(1,788)\text{ }*\text{ 100 \% = 44.07 }](https://img.qammunity.org/2023/formulas/mathematics/college/y2hacmc5uropqbc5xfn3lvtyppzmnfj8v8.png)
This is approximately 44%