Actual, Absolute and Maximum Relative Errors in Data
Response to the following question:
A touring company has the following box office takings for the recent month.
Venue Box Office Receipts in $ To the Nearest $100
Clarion 3480 35
West Riding 5278 53
West End 1356 14
Burlington 2542 25
Huntingdon 3174 32
Erie 2603 26
Adelphia 1539 15
Wilson 4562 46
Reading 4328 43
How do I estimate the abosolute and relative maximum and average errors in the total of the above rounded data?
How do I determine the actual error in the total?