Answer:
Analysis of variance
Step-by-step explanation:
The appropriate statistical tool for this is the analysis of variance. The analysis of variance, also known as the ANOVA, is a statistical method which has the ability to separate data from observed variance into various components which is then use for more tests.
The anova gives an analysis of the differences that are in the group means of a sample.
Sammy gets 4 dollars for every 16 dollars his older brother gets. What is the equation for 4:16?
Answer: 4/16 divided by the largest possible number which is 4. That would equal to 1/4.
4/16 = 1/4 or 4:16 = 1:4
Answer:
We cant answer since we dont know the first and second amount of money.
Step-by-step explanation:
Answer:
The monthly payment is $241.76.
Step-by-step explanation:
Given : Suppose you take out a car loan for $9999 for 4 years at a 7.5% interest rate.
To find : What is your monthly payment ?
Solution :
The formula to find monthly payment is
Discount factor is
Substitute in the formula,
where, A is the amount A=$9999
r is the rate =7.5%=0.075
time t=4 years
Time in months
Substitute all the values in the formula,
Therefore, the monthly payment is $241.76.