How to Calculate Percentage Error The percentage error is, formally, the magnitude of the difference between an exact and an approximate value divided by the magnitude of the exact value per 100 cases (percentage form). Essentially, this allows you to see how far off an approximate value and an exact value are in a percentage of the exact value. The error can be because of measuring errors (tools or human error) or because of approximations used in calculating (rounding errors, for example). Regardless, the formula is quite straightforward and simple to calculate. Part One of Two: Calculating the Values Part of the Equation Edit 1 Write down the formula for percentage error. The formula for calculating percentage error is simple: [(|Approximate Value - Exact Value|) / Exact Value] x 100 . You will use this as a reference to plug in the two values you need to know. [1] The approximate value is your estimated value, and the exact value is the ...
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