Continuity mistake: After Pi Patel first meets Anandi in the dance class, he is shown looking at her in the market place. There is a little girl sitting next to the flower seller. She doesn't have any flowers in her hair in the first shot, when the shot changes to Pi and then shows Anandi the little girl now has a flower in her hair . (00:27:55)
Continuity mistake: When the camera shows the underside of Pi's makeshift raft, the lifeboat mysteriously disappears, yet when the camera reaches the surface, the lifeboat is visible.
Answer: It's completely up to the viewer to decide. There's no right or wrong answer.