Calculate the absolute and relative errors arising from replacing the approximate value of the number

Calculate the absolute and relative errors arising from replacing the approximate value of the number π≈3.1416 with a coarser approximate π≈3.14

The absolute error is equal to the difference between the approximate and true values of the quantity, in this case:
3.1416 – 3.14 = 0.0016.
The percentage of the absolute error to its true value is the relative error:
0.0016 / 3.1416 * 100 = 0.05%.



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