A survey of Ghasi’s customers showed that 1,200 of the customers buying yarn would buy bamboo yarn. In the first month, 725 customers actually bought bamboo yarn. What was the percent error in the survey estimate of the number of people buying bamboo yarn? Round to the nearest tenth.
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Given A survey of Ghasi’s customers showed that 1,200 of the customers buying yarn would buy bamboo yarn. In the first month, 725 customers actually bought bamboo yarn. What was the percent error in the survey estimate of the number of people buying bamboo yarn? Round to the nearest tenth
- Number of customers estimated to buy bamboo = 1200
- Number of customers who actually bought bamboo = 725
- So Error = 1200 – 725
- = 475
- Now percentage error = Error / Actual estimate x 100
- = 475 / 1200 x 100
- = 0.395 x 100
- = 39.5 %
- Therefore the percent error in the survey estimate of the number of people buying bamboo yarn will be 39.5%
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