How to Calculate Percentage Error
Edited by Carolyn Barratt, Luv_sarah, Dance12, BR and 3 others
Calculating percentage error allows you to compare an estimate to an exact value. The percentage error gives you the difference between the approximate and exact values as a percentage of the exact value and can help you see how close your guess or estimate was to a real value. If you want to know how to calculate percentage error, all you need to know is the approximate and exact value and you'll be on your way.
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1Know the formula for calculating percentage error. The formula for calculating percentage error is simple:[1][(|Exact Value-Approximate Value|)/Exact Value] x 100%
- The approximate value is the estimated value, and the exact value is the real value. Once you find the absolute value of the difference between the approximate value and exact value, all you need to do is to divide it by the exact value and multiply the result by 100%.
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2Subtract the real number from your number. This means that you should subtract the real value from the estimated value. In this case, the real value is 10 and the estimated value is 9.
- Ex: 10 - 9 = 1
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3Divide the result by the real number. Simply divide -1, the result when 10 is subtracted from 9, by 10, the real value. Place the fraction in decimal form.
- Ex:-1/10 = -.1
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4Find the absolute value of the result. The absolute value of a number is the value of the positive value of the number, whether it's positive or negative. The absolute value of a positive number is the number itself and the absolute value of a negative number is simply the value of the number without the negative sign, so the negative number becomes positive.
- Ex: |-.1| = .1
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5Multiply the result by 100. Simply multiply the result, .1, by 100. This will convert the answer into percent form. Just add the percentage symbol to the answer and you're done.
- Ex: .1 x 100 = 10%
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Article Info
Categories: Probability and Statistics
Recent edits by: Nicholas, WanderWoman, BR
In other languages:
Italiano: Come Calcolare la Percentuale d'Errore, Português: Como Calcular o Erro Relativo Percentual, Deutsch: Die prozentuale Abweichung berechnen, Español: Cómo calcular el porcentaje de error, Français: Comment calculer un pourcentage d'erreur, 中文: 计算百分比误差, Русский: вычислить процентную погрешность
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