A photography club would like to raise money for a local health organization by selling popcorn the club predicts they need to sell 250 bags of popcorn to reach their goal at the end of the fundraiser. They sold 266 bags of popcorn and method goal what is the percent error
To calculate the percent error, we can use the formula:
Percent error = (|actual value - predicted value|/predicted value) * 100
In this case:
Actual value = 266 bags (they sold)
Predicted value = 250 bags (goal)
Percent error = (|266 - 250|/250) * 100
Percent error = (16/250) * 100
Percent error = 0.064 * 100
Percent error = 6.4
Therefore, the percent error is 6.4%.