12/5/24 Practice 3-4 Percent Error
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
What is percent error?
Back
Percent error is a measure of how inaccurate a measurement is, expressed as a percentage of the actual value. It is calculated using the formula: Percent Error = |(Estimated Value - Actual Value)| / |Actual Value| * 100.
2.
FLASHCARD QUESTION
Front
How do you calculate percent error?
Back
To calculate percent error, subtract the actual value from the estimated value, take the absolute value of the result, divide by the actual value, and then multiply by 100.
3.
FLASHCARD QUESTION
Front
If you estimate a value of 50 and the actual value is 40, what is the percent error?
Back
Percent Error = |(50 - 40)| / |40| * 100 = 25%.
4.
FLASHCARD QUESTION
Front
What is the formula for percent change?
Back
Percent Change = (New Value - Old Value) / |Old Value| * 100.
5.
FLASHCARD QUESTION
Front
If a price decreases from $20 to $15, what is the percent change?
Back
Percent Change = (15 - 20) / |20| * 100 = -25%. (This indicates a decrease of 25%.)
6.
FLASHCARD QUESTION
Front
What does a positive percent change indicate?
Back
A positive percent change indicates an increase in value.
7.
FLASHCARD QUESTION
Front
What does a negative percent change indicate?
Back
A negative percent change indicates a decrease in value.
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