Final answer:
The student earns 1 point.
Step-by-step explanation:
The student earns 1 point.
To calculate the percent error, we can use the formula:
Percent Error = (|Your Guess - Correct Answer| / Correct Answer) * 100
In this case, the student's guess was 195 and the correct answer is 206, so:
Percent Error = (|195 - 206| / 206) * 100
Percent Error = (11/206) * 100
Percent Error ≈ 5.34%
Since the percent error is between 5% and 10%, but less than 10%, the student earns 1 point.