4,120 pounds ← error = 6 lbs
<span>4,100 pounds ← error = 26 lbs </span>
<span>4,200.34 pounds ← error = 74.34 lbs </span>
<span>4,500.765 pounds ← error = 374.765 lbs</span>
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
Answer:
Step-by-step explanation:
Answer:
(a)
- Independent Variable- Dosage of Omega-3 Fatty Acids
- Dependent Variable - Number of news item remembered
(b)Discrete
(c)Ratio Scale and Discrete Variable
(d) Experimental Method
Step-by-step explanation:
The psychologist wants to evaluate the claim that omega-3 fatty acids can help improve memory in normal adult humans.
(a)In the study, the participants in the two groups were given fish extracts containing Omega-3 (500 mg) and no Omega-3 (0 mg).
The memory test involves measuring the number of items each participant remembers from the past three weeks of news.
Therefore:
- Independent Variable- Dosage of Omega-3
- Dependent Variable - Number of news item remembered
(b) The dependent variable is discrete since the number of news items remembered can only be whole numbers.
(c)The independent variable is in milligrams of Omega-3 where the placebo is 0 mg. This is a ratio scale since it has an absolute zero.
Since the dosage is given in multiples of 50mg, it is a discrete variable.
(d)Since the psychologist seeks to manipulate the conditions of the study by introducing Omega-3 to some of the participants and placebo to other participants, it is an experimental distribution.
