Question
A company predicted that the total revenue for sales in June of 2021 would be $350,000.00. the observed sales for June of 2021 was $375,000.00.
A company predicted that the total revenue for sales in June of 2021 would be $350,000.00. the observed sales for June of 2021 was $375,000.00.
a. Calculate the Absolute Relative % Error in the company's prediction.
b. Calculate the Relative % Error in the company's prediction.
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Elementary Linear Algebra
Authors: Ron Larson, David C Falvo
6th Edition
130517240X, 9781305172401
