Question
A new roller coaster just opened at Friday Fun Park. When Lisa got in line, a sign said the wait from that point would be 45 minutes. The actual wait was only 35 minutes. What is the percent error for the park sign's estimate? If necessary, round your answer to the nearest tenth of a percent.
Ask by Bob Reyes. in the United States
Jan 23,2025
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Tutor-Verified Answer
Answer
The percent error in the estimate is 28.6%.
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Bonus Knowledge
To find the percent error, you can use the formula: Percent Error = |(Actual Value - Estimated Value)| / Estimated Value × 100. In this case, the Actual Value is 35 minutes, and the Estimated Value is 45 minutes. Calculating it: Percent Error = |(35 - 45)| / 45 × 100 = |(-10)| / 45 × 100 ≈ 22.2%. So, the percent error for the park sign's estimate is approximately 22.2%.