The positive aspects of free enterprise are;
- Better quality.
- Lower prices.
- Freedom of choice.
Possible limitations are;
- Lack of fair competition.
- Potential for higher prices.
- Need for consumer knowledge.
<h3 /><h3>What is a Free Enterprise?</h3>
A free enterprise is a sort of economy where the market, and not the government determines the prices of goods and services.
Since the price is a major player in this sort of economy, competitors will be forced to align their prices with the market.
Thus there will be lower prices. However, there might also be a potential for higher prices and unfair competition.
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Ways how the South Africa promotes there tourism are: They tend to promote their tourist spots by advertising it, they also post it on the internet for people who used internet to see. They were also able to promote promos where they will give free rides when you roam around the places that they want you to visit. And lastly, they give free days of visa free where the tourist could spend their time in the place without no worries.
Answer:
1
Explanation:
(x-2)^2 = x equals 2 ( double roots)
(y-3)^2 = y equals 3 (double roots)
(z+4)^2 = -4 (double roots)
2 + 3 -4 =1
The 45th percentile of the data given above (P₄₅) is 16.225.
<h3>What is percentile in statistics?</h3>
Percentile refers to the mathematical or statistical term that is used to indicate the position of a data in relation to others from the sample given.
<h3>How did we arrive at the above figure?</h3>
Step 1 - First all data must be arranged in ascending order:
See the attached table for this.
Step 2 - We compute the position or rank of the 45th percentile.
The formula for percentile position is given as:
((n +1 ) *P)/100
= ((25+1) * 45)/100
= 11.70
Step 3 - Deploy the interpolation method because the position above is not an integer.
The numbers in positions 11 and 12 are where you'll find the 45 percent percentile. Based on the data arranged in ascending order, the values are 15 and 16.75.
The percentile we're seeking for is situated at the value of 11.7 - 11 = 0.7, which is the percentage of the space between 15 and 16.75.
Therefore,
(P₄₅) = 15 + 0.7 x (16.75 - 15)
(P₄₅) =16.225.
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