Answer:
The final value of the investment after 3 years is $7,146.10
Explanation:
Giving the following information:
Investment= $6,000
Interest rate= 6% compounded annually
The number of years= 3 years.
To calculate the final value, we need to use the following formula:
FV= PV*(1+i)^n
FV= 6,000*(1.06^3)
FV= $7,146.10
The final value of the investment after 3 years is $7,146.10
<u>Answer:</u> Forrester only surveyed a sample, a small portion of the people that represent consumers who shop online.
<u>Explanation:</u>
To collect data from the people through survey. Forrester research chooses a small portion of people to represent the online shopping customers. The small portion of people chosen is called the sample. As the entire people cannot be surveyed because it is complicated and time consuming.
Statistically sample is defined as the subset of the population of interest. Survey is collecting data and opinions from the people. This survey with subset of population is called as sample survey.
Answer: Skilled Workers.
Explanation:
Skilled workers refers to those with the skills and abilities required to work in their various tasks. Often these skills are gained from tertiary level institutions such as Universities, Colleges or Technical Schools.
When the report speaks of how having a college education leads to increased productivity, it is targeting skilled workers who as the definition states, have probably gone to College or Universities and the like.
This report will increase the labour market for skilled college education holders as companies might want to hire them more to gain from the reported increased productivity.
