Question

Mr. Wong predicted that he would sell 45 automobiles. He actually sold 48 automobiles. What are the values of a and b in the table below? Percent Error Item Approximate value Exact value Error Absolute error Ratio Percent error Automobiles 45 48 a b a = Negative StartFraction 3 over 45 EndFraction; b = negative 6.8 percent a = Negative StartFraction 3 over 48 EndFraction; b = negative 6.25 percent a = StartFraction 3 over 48 EndFraction; b = 6.25 percent a = StartFraction 3 over 45 EndFraction; b = 6.8 percent

Answer 1

a = Start Fraction 3 over 48 End Fraction; b = 6.25 percent

Explanation:

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Answer 2

a = 3.45

b = 6.67%

Explanation:

Initial prediction of sales = 45 automobile

Actual amount sold = 48 automobiles

Absolute error ratio a = actual amount sold - initial prediction/initial prediction

Absolute error ratio a = 48-45/45

Absolute error ratio a = 3/45

%error = actual amount sold - initial prediction/initial prediction * 100%

% absolute error = 48-45/45 * 100

% absolute error = 3/45 * 100

% absolute error b = 6.67%