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8 November, 05:41

find the absolute error and percentage error in rounding; the yearly profit of $1367540 made by a company to $1.37 million

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  1. 8 November, 09:02
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    0.18%

    Step-by-step explanation:

    % error = accepted value - experimental value / accepted value

    Step 1: subtract one value from another

    1,367,540-1,370,00=-2460

    Depending on what you need it you may take away the negative sign

    Step 2: So your absolute error is equal to 2,460

    Step 3: divide error by true value

    = 2460/1,370,000

    Ans = 0.0018

    Step 4: multiply this value by 100% to obtain the percent error

    0.0018 X 100% = 0.18%
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