Question: Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is

 Determine the following estimate without using a calculator. Then use a

Determine the following estimate without using a calculator. Then use a calculator to perform the computation necessary to obtain an exact answer. How reasonable is your estimate when compared to the actual answer? A raise of $290,000 is evenly distributed among 301 professors. Estimate the amount each professor receives. . . . The estimate of the amount each professor receives is approximately $ (Round to the nearest thousand as needed.) The actual amount each professor receives is $ (Round to the nearest cent as needed.) How reasonable is your estimate when compared to the actual answer? Select the correct answer below and fill in the answer box to complete your choice. (Round to the nearest cent as needed.) O A. The estimate is a little higher than the actual result. The difference is $ per person. O B. The estimate is a little lower than the actual result. The difference is $ per person

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