Which quantity is use to generate the error bars on a graph?

1 answer:

7 0

The error bars are used to indicate the variability of the data presented in a graph.

There are several quantities that can be used to generate error bars in the graph. These are:
standard deviation
standard error
confidence interval

Usually, one standard deviation above and below the mean is used although it is advised to indicate which variability data is used to generate the error bars in the graph since the 3 quantity given are not equal.

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Heather makes $6.50 per hour. Every three months, she is eligible for a 2% raise. How much will she make after 2 years if she ge

sammy [17]

Answer:

$7.62 per hour

Step-by-step explanation:

Since, Heather gets a raise every 3 months, in 2 years, she will get a raise 8 times (2years = 24 months, 24 divided by 3 is 8).

Now it becomes a compound growth problem. We can use the formula shown below to solve these type of problems.

$F=P(1+r)^t$

Where,

F is the future value (what we want to find)
P is the present rate ($6.5)
r is the rate of growth, in decimal (2% growth means 0.02)
t is the time frame, number of times compounding occurs (for our case we have figured it to be 8)

<u>Now plugging in all the info, we get the value of F:</u>

$F=P(1+r)^t\\F=6.5(1+0.02)^8\\F=6.5(1.02)^8\\F=7.62$