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mash [69]
4 years ago
11

Interest is: a) a charge for lending money to a bank

Mathematics
1 answer:
Anvisha [2.4K]4 years ago
4 0
In other words a certain sum of amount taken by a bank while providing loans
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What is the x coordinate of the solution? <br> What is the y coordinate of the solution?
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Bought a new car lately? The following table presents the number of vehicles sold in a certain country by several manufacturers
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Answer:

The Relative Frequency Table is:

<u>  Manufacturer         Relative Frequency  </u>

General Motors                  0.242

      Ford                              0.208

Chrysler LLC                       0.148  

     Toyota                           0.177

     Honda                            0.116

     Nissan                            0.109

Step-by-step explanation:

To find out the relative frequency we need to use the formula:

Relative Frequency = Frequency / Sum of All Frequencies

We can find the sum of all the frequencies by adding all the sales for the year 2013.

Sum of Frequencies for 2013 = 225,650 + 194,068 + 138,085 + 164,423 + 107,526 + 101,113

Sum of Frequencies for 2013 = 930865 cars

Now we can compute the relative frequencies for each of the manufacturers as follows:

General Motors: 225650/930865 = 0.242

Ford: 194068/930865 = 0.208

Chrysler LLC: 138085/930865 = 0.148

Toyota: 164423/930865 = 0.177

Honda: 107526/930865 = 0.116

Nissan: 101113/930865 = 0.109

Relative Frequency Distribution Table for the 2013 sales:

Manufacturer         Relative Frequency

General Motors                  0.242

      Ford                              0.208

Chrysler LLC                       0.148  

     Toyota                           0.177

     Honda                            0.116

     Nissan                            0.109

3 0
3 years ago
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