90%
Then the measured value is larger than the actual value.
%error = (Actual value- Measured value) / actual value *100
How do you calculate the actual cash value of a home
The difference between the Actual Value & Earned Value is the Project Cost Variance
Depending on whether you subtract actual value from expected value or other way around, a positive or negative percent error, will tell you on which side of the expected value that your actual value is. For example, suppose your expected value is 24, and your actual value is 24.3 then if you do the following calculation to figure percent error:[percent error] = (actual value - expected value)/(actual value) - 1 --> then convert to percent.So you have (24.3 - 24)/24 -1 = .0125 --> 1.25%, which tells me the actual is higher than the expected. If instead, you subtracted the actual from the expected, then you would get a negative 1.25%, but your actual is still greater than the expected. My preference is to subtract the expected from the actual. That way a positive error tells you the actual is greater than expected, and a negative percent error tells you that the actual is less than the expected.
You do not add the percentage error but the actual error.
3.14...?
This is termed the accuracy of the measurement.
The closeness to the actual value is called the accuracy. The reproducibility of the measurement is call the precision.
an error is the difference between a predicted value and the actual value. % errors tell you how close or how far you came to the actual answer is the form of a percentage. Mathematically: [(accepted value-measured value) / accepted lValue] * 100% note: if your answer is negative it means you were, for example, 15% short of the actual answer
Actual value as opposed to market or book price.