Find the absolute and relative errors.
-Your credit card applies a finance charge of $31.36. The finance charge should have been $29.69.
A) absolute error: $\$ 1.67$
relative error: $5.3 \%$

B) absolute error: $- \$ 1.67$
relative error: $- 5.6 \%$

C) absolute error: $\$ 1.67$
relative error: $5.6 \%$

D) absolute error: $\$ 1.67$

relative error: $16.7 \%$

Question

Find the absolute and relative errors.
-Your credit card applies a finance charge of $31.36. The finance charge should have been $29.69. 
A) absolute error: $\$ 1.67$
relative error: $5.3 \%$

B) absolute error: $- \$ 1.67$
relative error: $- 5.6 \%$

C) absolute error: $\$ 1.67$
relative error: $5.6 \%$

D) absolute error: $\$ 1.67$

relative error: $16.7 \%$

Quizplus · Accepted Answer

The absolute error is the difference between the actual value and the measured value. In this case, the absolute error is $31.36 - $29.69 = $1.67. The relative error is the absolute error divided by the actual value. In this case, the relative error is $1.67 / $29.69 = 5.6%.

Find the Absolute and Relative Errors $1.67\$ 1.67$1.67 Relative Error 5.3%5.3 \%5.3%

Find the Absolute and Relative Errors $\$ 1.67$ Relative Error $5.3 \%$