Yu Yan planned to buy a new truck. She expected to pay $25,500. She negotiated the price so that the final cost was $21,800. Calculate the percent error. (1 point)
The bar was incorrect. It was not 14.51 it was 17%.
The answer is 17%
To calculate the percent error, we need to find the absolute difference between the expected price and the final cost, divide it by the expected price, and then multiply by 100.
The absolute difference between the expected price and the final cost is calculated as:
Absolute Difference = |Expected Price - Final Cost|
Absolute Difference = |$25,500 - $21,800|
Absolute Difference = $3,700
To find the percent error, we divide the absolute difference by the expected price and multiply by 100:
Percent Error = (Absolute Difference / Expected Price) * 100
Percent Error = ($3,700 / $25,500) * 100
Percent Error ≈ 14.51%
Therefore, the percent error is approximately 14.51%.
To calculate the percent error, we need to compare the expected value with the actual value. The formula for percent error is:
Percent Error = (|Expected Value – Actual Value| / Expected Value) * 100
In this question, the expected value is $25,500 and the actual value is $21,800. We can plug these values into the formula to calculate the percent error.
Percent Error = (|25500 - 21800| / 25500) * 100
First, we subtract the actual value from the expected value:
Percent Error = (3700 / 25500) * 100
Next, we divide the difference by the expected value:
Percent Error = (0.1451) * 100
Finally, we multiply by 100 to find the percentage:
Percent Error = 14.51%
Therefore, the percent error is 14.51%.
First, we need to find the difference between the expected cost and the final cost: $25,500 - $21,800 = $<<25500-21800=3700>>3700
Next, we divide this difference by the expected cost and multiply by 100% to find the percent error: ($3700 / $25,500) * 100% = 14.51%
The percent error is 14.51%.
Apologies for the miscalculation. Let's recalculate the percent error correctly.
The difference between the expected cost and the final cost is $25,500 - $21,800 = $3,700.
To find the percent error, we divide the difference by the expected cost and multiply by 100%:
Percent error = ($3,700 / $25,500) * 100% ≈ 14.5%
Therefore, the percent error is approximately 14.5%.
Apologies for the confusion. Let's recalculate the percent error using the correct numbers.
The difference between the expected cost and the final cost is $25,500 - $21,800 = $3,700.
To find the percent error, we divide the difference by the expected cost and multiply by 100%:
Percent error = ($3,700 / $25,500) * 100% ≈ 14.51%.
Therefore, the percent error is approximately 14.51%.