How do you calculate percentage error? |
Calculating Percentage Error
It is your estimate minus the true value divided by the true value and multiplied by 100.
So, % error = (estimate - actual) / actual * 100, in absolute value.
For example, if you estimate that there are 90 jelly beans in a jar when there are actually 130 your percentage error is:
(90-130)/130 * 100 = -40/130 * 100 = -0.308*100 = -30.8%
After absolute value, the answer is simply 30.769, or 30.8%.
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First answer by Neil the seal. Last edit by Neil the seal. Contributor trust: 31 [recommend contributor]. Question popularity: 55 [recommend question].

