Find the mean ( average):
105 + 104 + 110 + 112 + 114 + 106 + 108 +109 = 868
Mean = 868 / 8 = 108.5
Standard deviation:
108.5 - 105 = 3.5, 3.5^2 = 12.25
108.5 - 104 = 4, 4^2 = 16
110 - 108.5 = 1.5, 1.5^2 = 2.25
112 - 108.5 = 3.5, 3.5^2 = 12.25
114 - 108.5 = 5.5, 5.5^2 = 30.25
108.5 - 106 = 2.5, 2.5^2 = 6.25
108.5 - 108 = 0.5, 0.5^2 = 0.25
109 - 108.5 = 0.5, 0.5^2 = 0.25
12.25 + 16 +2.25 + 12.25 + 30.25 +6.25+0.25+0.25 = 79.75
79.75/8 = 9.96875, SQRT(9.96875) = 3.1573
Standard Deviation = 3.1573
108.8 +/- 1.96 *(3.1573/sqrt(8) = 110.687 and 106.312
110.687 - 108.5 = 2.19
108.5 - 106.312 = 2.19
Margin of error = +/- 2.19
Let us assume the number of cd's you can buy = x
Cost of an used CD = $4.25
Total amount of money that you have = $1500
Then
<span>x ≤ 15 − 4.25
</span>x ≤ 10.75
I hope the procedure is clear enough for you to understand. I also hope that this is the answer that you were looking for and the answer has actually come to your desired help.
Answer:
They are parallel.
Step-by-step explanation:
They have the same slope, 7, and different y-intercepts, 4, -1/4, so they are parallel.
The amount after 2 years is $2,295.
Given that,
- The invested amount is $1,240.
- The rate of interest is 8%.
- The number of years is 2 × 4 = 8
Based on the above information, the amount after 2 years is
Future value = Present value ×(1 + rate of interest)^number of years
= $1,240 × (1 + 0.08)^8
= $1,240 × 1.08^8
= $2,295
Therefore we can conclude that the amount after 2 years is $2,295.
Learn more: brainly.com/question/18051939
