A photography club would like to raise money for a local health organization. Their goal is to raise $1,000 for the 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 met their goal. What is the percentage error? Round the answer to the nearest whole number.
The percentage error is 6%.
To find the percentage error, you need to compare the actual outcome with the predicted outcome and calculate the difference as a percentage of the predicted outcome.
Step 1: Find the difference between the predicted number of bags sold and the actual number of bags sold.
Actual bags sold - Predicted bags sold = 266 - 250 = 16
Step 2: Calculate the percentage difference by dividing the difference by the predicted number of bags sold and multiplying by 100.
Percentage difference = (16 / 250) * 100 ≈ 6.4
Step 3: Round the percentage difference to the nearest whole number.
Rounded percentage difference = 6
Therefore, the percentage error is approximately 6%.
To find the percentage error, we need to compare the predicted value with the actual value.
The predicted value is 250 bags of popcorn, and the actual value is 266 bags of popcorn.
To find the error, we subtract the predicted value from the actual value: 266 - 250 = 16.
To find the percentage error, we divide the error by the predicted value and multiply by 100: (16 / 250) * 100 = 6.4%.
Rounding the answer to the nearest whole number, the percentage error is 6%.