Approximations and errors
Frequently, we use approximate numbers because it isn’t necessary or convenient to give an exact quantity that we know, or maybe we cannot measure it exactly.
An estimate of a real number is another real number that is still close enough to be useful. An approximation of n-order of units is an approximation of the number in which we remove the digits of units of greater order. We can use the lower approximation or the higher one.
For example: the approximations of e = 2.718.. to the nearest hundredth are: 2,71 (lower) and 2,72 (higher)
Exercise: Calculate the errors when we approximate 1/3 by 0.3 or e by 2.7
Solutions: a) AE = 1/30 = 0.0333...< 0.1; RE = 1/10 = 0.1 = 10%; b) AE = 0.018...< 0.1; RE = 0.00672...< 0.01 = 1%
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