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julsineya [31]
3 years ago
5

Bianca's bank offers a savings account with a 2.1% APR, compounded monthly. What is the actual annual percentage yield on this a

ccount?
Mathematics
2 answers:
Elanso [62]3 years ago
5 0
2.1 x 12 = 25.2% is the percentage yield
kari74 [83]3 years ago
5 0

Answer:

2.12%

Step-by-step explanation:

Apex

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At a recent county fair, you observed that at one stand people's weight was forecasted, and were surprised by the accuracy (with
MatroZZZ [7]

Answer:

a)Slope: \hat \beta_1 =\frac{7625.9}{1248.9}=6.106

Intercept: \hat \beta_o = 157.955 -6.106 (69.686)=-267.548

b) r=\frac{7625.9}{\sqrt{[1248.9][94228.8]}}=0.657  

And the determination coeffecient is r^2 = 0.657^2 =0.432  

Step-by-step explanation:

Data given and definitions

The correlation coefficient is a "statistical measure that calculates the strength of the relationship between the relative movements of two variables". It's denoted by r and its always between -1 and 1.  

The sum of squares "is the sum of the square of variation, where variation is defined as the spread between each individual value and the grand mean"    

When we conduct a multiple regression we want to know about the relationship between several independent or predictor variables and a dependent or criterion variable.  

n=110, \sum x_i y_i = \sum (X-\bar X)(Y-\bar Y) =7625.9,\sum x^2_i=\sum (x-\bar x)^2 =1248.9 , sum y^2_i=\sum(y-\bar y)^2 =94228.8  

\sum Y_i =17375 , \sum X_i = 7665.5

Part a

The slope is given by this formula:

\hat \beta_1 =\frac{\sum (x-\bar x) (y-\bar y)}{\sum (x-\bar x )^2}

If we replace we got:

\hat \beta_1 =\frac{7625.9}{1248.9}=6.106

We can find the intercept with the following formula

\hat \beta_o = \bar y -\hat \beta_1 \bar x

We can find the average for x and y like this:

\bar X=7665.5/110 =69.686, \bar y= 17375/110=157.955

And replacing we got:

\hat \beta_o = 157.955 -6.106 (69.686)=-267.548

Part b

In order to calculate the correlation coefficient we can use this formula:  

r=\frac{\sum (x-\bar x)(y-\bar y) }{\sqrt{[\sum (x-\bar x)^2][\sum(y-\bar y)^2]}}  

For our case we have this:  

n=110, \sum x_i y_i = \sum (X-\bar X)(Y-\bar Y) =7625.9,\sum x^2_i=\sum (x-\bar x)^2 =1248.9 , sum y^2_i=\sum(y-\bar y)^2 =94228.8  

So we can find the correlation coefficient replacing like this:

r=\frac{7625.9}{\sqrt{[1248.9][94228.8]}}=0.657  

And the determination coeffecient is r^2 = 0.657^2 =0.432  

6 0
4 years ago
Find the value of x for the right triangle.
horsena [70]

Answer:

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Write 3.08 × 10-5 as an ordinary number.
Vlad [161]

Answer:

0.0000308

Step-by-step explanation:

there are 5 places that it has moved from.

3 0
3 years ago
5. Andre is solving the equation 4(x + 3) = 7. He says, “I can subtract from each side to get
Vinil7 [7]
4(x+3)=7
The mistake is with his final answer, he wrote down 4x=1.

When you do 4(x)4(3), the answer is completely different from what Andre said. He did wrong calculations.

4x3=12

7-12= -5

Which means it should be 4x=-5 as the final answer.
8 0
3 years ago
Which of the following sets could be the sides of a right triangle?
shepuryov [24]

I believe that it’s the last one because it makes the most sence but then again i could be wrong

3 0
3 years ago
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