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Yesterday was the first day of the Dodge County Fair. The fair's organizers estimated 1,2001,200 people would attend. Unfortunately, it rained, so only 960960 people attended. What is the percent error for the organizers' estimate?\newlineIf necessary, round your answer to the nearest tenth of a percent.\newline____%\%

Full solution

Q. Yesterday was the first day of the Dodge County Fair. The fair's organizers estimated 1,2001,200 people would attend. Unfortunately, it rained, so only 960960 people attended. What is the percent error for the organizers' estimate?\newlineIf necessary, round your answer to the nearest tenth of a percent.\newline____%\%
  1. Calculate Difference: Calculate the difference between the estimated and actual attendance.\newlineDifference = Estimated attendance - Actual attendance\newlineDifference = 1200960=2401200 - 960 = 240
  2. Calculate Percent Error: Calculate the percent error using the formula: Percent Error = (Difference/Estimated Attendance)×100(\text{Difference} / \text{Estimated Attendance}) \times 100Percent Error=(240/1200)×100=20%\text{Percent Error} = (240 / 1200) \times 100 = 20\%

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