Solution-Problem regarding the relative maximum and average

Problem regarding the relative maximum and average errors

Reference no: EM13957947

Problem:

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?

Reference no: EM13957947

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Problem regarding the relative maximum and average errors

Reference no: EM13957947

Reference no: EM13957947

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