Explanation is in the file
tinyurl.com/wpazsebu
Answer:
a) True
b) Parameter
Step-by-step explanation:
We are given the following in the question:
An accounting professor wants to know the average GPA of the students enrolled in her class.
Population:
- It is defined as the collection of all variables of interest.
- A sample of individuals of interest is drawn from a population.
For the given case
Individuals of interest:
Students enrolled in accounting class
Population of interest:
Students enrolled in accounting class
Characteristic of interest:
Average GPA of the students enrolled in her class.
a) The population is all students enrolled in the accounting class.
The given statement is true as it contains all the observation of all the individuals of interest.
b) The computed average GPA of all the students enrolled in the class is 3.29
Statistic is a descriptive measure that describes a sample where as a parameter is a measure that describes the population.
Since 3.29 is the average of all the students enrolled in her class that is the average GPA of population.
Thus, 3.29 is a parameter.
The answer is 30. The (14) comes from the amount the Tshirts cost, the 12 is the amount of T-shirts that are printed each hour and 30 is the starting amount of T-Shirts
Answer:
The answer is x = 27.
Step-by-step explanation:
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Answer:
The amount of interest earned for the year is $37.7
Step-by-step explanation:
The formula for simple interest is expressed as
I = PRT/100
Where
P represents principal or amount invested.
T represents the time
R represents the interest rate
I represents the interest
From the information given,
You want to put $580 into a saving account for 1 year. This means that
P = $580 and
T = 1 year
R = 6 1/2 = 6.5%
I = (580× 6.5×1)/100 = $37.7
