Besides discount and interest, there is a third use of the percentage that we shall use continually in physics and statistics: the percentage as a measure of variation with respect to a reference. It is the way we judge the quality of a measurement.

Definition — Absolute, relative and percentage error

Given a measured quantity xmisx_{\text{mis}} and a reference value xrifx_{\text{rif}} (exact, expected, true): absolute error=xmisxrif,relative error=xmisxrifxrif,\text{absolute error} = |x_{\text{mis}}-x_{\text{rif}}|, \quad \text{relative error} = \frac{|x_{\text{mis}}-x_{\text{rif}}|}{|x_{\text{rif}}|}, and expressed as a percentage it is the percentage error =rel. err.100%= \text{rel. err.}\cdot 100\%.

The absolute error has the same units as the quantity; the relative error is a pure number, and multiplied by 100100 it becomes the percentage error. It is the latter that tells us whether a measurement is “good”, because it relates the error to the scale of the phenomenon.

Topics: Percentages
Concepts: Absolute error · Percentage error · Relative error
Methods: Relative percentage error
Skills: Using formulae