Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
{(1,3) (2,4) (3,5) (4,3)}
Answer:
The percentile that corresponds to an IQ score of 115 is 34.13 %
Step-by-step explanation:
Here, we want to find the percentile that corresponds to an IQ score of 115.
To calculate this percentile, we start with making observations. From the question, we are told that the mean score is 100 while the standard deviation is 15.
Now we want to find the percentile for a score if 115. For a score of 115, we can see that the difference between this score and the mean is 15 which is exactly equal to the standard deviation.
What this means is that the score is within +1 SD of the mean.
For a score of within +1 SD of the mean, the percentile is 34.13%
A score at the mean is the 50th percentile, a score which is 1 SD above or below the mean has a percentile value of 34.13%
Please, I will like you to check the attachment to see how percentiles are valued given the number of standard deviations a particular value is from the mean.
So if one tray of vegetarian sandwiches cost $10, that means that 10 trays of vegetarian sandwiches would cost $100 (10x10)
Going back to the first order, if we know that 10 trays of vegetarian sandwiches costs $100, then we can subtract that from our overall of $149, leaving us with the cost of 7 trays of club sandwiches
$149 - $100 = $49
therefore, $49 is the cost of 7 trays of club sandwiches
to find the cost of 1 tray, we need to divide $49, by 7
$49 / 7 = $7
therefore, one tray of club sandwiches costs $7 and one tray of vegetarian sandwiches costs $10
hope that was helpful :)
Example-A statistical question is a question that can be answered by collecting data that vary. For example, “How old am I?” is not a statistical question, but “How old are the students in my school?” is a statistical question.
Answers- A, C, D and E