Answer:
C. 0.55
Step-by-step explanation:
The scatter plot shows that there is a positive correlation between variable x and variable y. This is because, the x and y variable seem to follow the same trend. That is, as x variable increases, y variable also increases. If a line of best fit is drawn, it would slope upwards, from left to our right.
Correlation coefficient (r) of any given data set plotted on a scatter plot, ranges from -1 to 1. The closer the value of "r" to either -1 or 1, the more clustered the data points are together in a line of best fit in a scatter plot.
Therefore, since the scatter plot given shows a positive relation between the x and y variables, whereby the data points seem to be less clustered and farther from each away from the line if best fit, if drawn, an estimate of "r" would not be closer to the value of 1.
Therefore, from the options given, C. 0.55 is the best estimate for r for the data shown in the scatter plot.
Answer:
$9500
Step-by-step explanation:
A=P(1-r)^t is the general model for decay. A being the end result of 2014, p is the amount beforehand, r is decay as a decimal, t is time. I think t would just be one since it's one year in time? 9500=10,000(1-0.05)^1
Answer:
42.49 unit price
Step-by-step explanation:
The average price function, S(ave), will be an integral of the price function over the period of time (6 years), that is
S(ave) = 
= 
Solving the integral, we have
S(ave) = 1/6*(37t - (6e^-0.03t)/0.03) with the limits being from t = 0 to t = 6
Hence, we have
S(ave) = 
This resolves to 42.49 unit price
Answer:
0.8770
Step-by-step explanation:
We are dealing with a mean of a sample, so we use the formula

Our mean, μ, is 174.9 and our standard deviation, σ, is 35.2. Our sample size, n, is 35. To find P(X > 168),
z = (168-174.9)/(35.2÷√35) = -6.9/(35.2÷5.9161) = -6.9/5.9499 = -1.16
Using a z table, we see that the area under the curve to the left of this value is 0.1230. However, we want the area to the right; this means we subtract from 1:
1-0.1230 = 0.8770
We shall see how much percentage of the original price was the price discounted and it will show the percentage decreased
325x/100=123.50
325x=12350
X=12350/325
X=38
hope u found this answer helpful