Question

A school district’s income from property taxes was estimated at $1.4 million last year, but the actual income came in at $1.25 million. What was the absolute error in the estimation?

Answer 1

$0.15 million

Explanation:

1.40 - 1.25 = 0.15

Answer 2

`.15`
`million`
`dollars`

Explanation:

We know that the school district's income from property taxes were estimated at 1.4 million, but then we see that the actual income was 1.25 million.

To find the actual error, we must subtract 1.25 million 1.4 million.

`1,400,000 - 1,250,000 =  150,000`

150,000 thousand dollars or .15 million dollars.