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otez555 [7]
3 years ago
10

Determine whether the given value is a statistic or a parameter. A sample of seniors is selected and it is found that 65% own a

television. A. Statistic because the value is a numerical measurement describing a characteristic of a sample. B. Parameter because the value is a numerical measurement describing a characteristic of a sample. C. Statistic because the value is a numerical measurement describing a characteristic of a population. D. Parameter because the value is a numerical measurement describing a characteristic of a population.
Mathematics
1 answer:
sp2606 [1]3 years ago
5 0

Answer: A. Statistic because the value is a numerical measurement describing a characteristic of a sample.

Step-by-step explanation: Statistic are used to describe values obtained from a data sample which are regarded as a subset of the data belonging to an entire population. Therefore, in statistical parlance, numerical measurement obtained from such dataset are called statistic. On the other hand, if data from which a numerical derivation was made is a population which consists of the entire set of observations belonging to a particular group of interest, then the numerical values obtained are referred to as a parameter.

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Find the future value and interest earned if $8704.56 is invested for 8 years at 4% compounded (a) semiannually and (b) continuo
Sliva [168]

a) The future value, principal plus interest, with compound interest on a principal of $8,704.56 at a rate of 4% per year compounded 2 times per year over 8 years is <u>$11,949.50</u>.

b) The future value, principal plus interest, with compound interest on a principal of $8,704.56 at a rate of 4% per year compounded continuously over 8 years is <u>$11,987.29</u>.

<h3>How is the future value determined?</h3>

The future value can be determined using an online finance calculator.

Data and Calculations:

<h3>a) Compounded Semiannually:</h3>

Principal (P): $8,704.56

Annual Rate (R): 4%

Compound (n): Compounding Semi-Annually

Time (t in years): 8 years

<u>Result</u>:

A = $11,949.50

A = P + I where

P (principal) = $8,704.56

I (interest) = $3,244.94

<h3>Calculation Steps:</h3>

First, convert R as a percent to r as a decimal

r = R/100

r = 4/100

r = 0.04 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 8,704.56(1 + 0.04/2)(2)(8)

A = 8,704.56(1 + 0.02)(16)

A = $11,949.50

<h3>b) Compounded Continuously:</h3>

Using the formula A = Pert

Principal (P):  $8,704.56

Annual Rate (R): 4%

Compound (n): Compounding Continuously

Time (t in years):   8 years

<u>Result</u>:

A = $11,987.29

A = P + I where

P (principal) = $8,704.56

I (interest) = $3,282.73

<h3>Calculation Steps:</h3>

First, convert R as a percent to r as a decimal

r = R/100

r = 4/100

r = 0.04 rate per year,

Then solve the equation for A, using the mathematical constant, e = 2.71828

A = Pert

A = 8,704.56(2.71828)(0.04)(8)

A = $11,987.29

Thus, while the future value of $8,704.56 at a rate of 4% per year compounded semiannually over 8 years is <u>$11,949.50</u>,  the future value of $8,704.56 at a rate of 4% per year compounded continuously over 8 years is <u>$11,987.29</u>.

Learn more about compounding interest at brainly.com/question/24274034

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8 0
1 year ago
Hello again. Can someone please help me with this as well. I'll give 100 points!
Aleks04 [339]

Answer: Come on, don’t people learn these things in school!

Step-by-step explanation:

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2 years ago
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A number is shown in expanded form.
Nana76 [90]
20,809,204 is the answer because 20,000,000+800,000+9,000+200+4
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3 years ago
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The area of the triangle is 5.88 square centimeters.what is the length of the base.the heights is 2.1
Bas_tet [7]

Answer:

base = 5.6 cm

Step-by-step explanation:

area of a triangle = 1/2 * base * height

area = 5.88 cm²

height = 2.1 cm

5.88 = 1/2 * base * 2.1

5.88 = 1.05 base

5.88 / 1.05 = base

base = 5.6 cm

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-|-16| divided by(-8) multiplyed by25
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Answer:

50

Step-by-step explanation:

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