Answer:
Compound interest
Step-by-step explanation:
Compound interest is a type of interest that is earned on both the principal plus any previous interest earned.
This ultimately implies that, the interest are compounded either on a daily, weekly, quarterly, monthly or annual basis.
Mathematically, compound interest is given by the formula;
Where;
A is the future value.
P is the principal or starting amount.
r is annual interest rate.
n is the number of times the interest is compounded in a year.
t is the number of years for the compound interest.
3. Greater than
Median is the middle number of the data set. But in this senario, there are 2 numbers in the middle. So you can take 4+5/2=4.5
To find Mean, you can must take all the numbers in the data set divided by the number of data collected.
In this case, (3+3+4+5+5+9)÷6
You will find that the mean is greater than the median.
Answer:
Matched samples
Step-by-step explanation:
A matched sample is obtained when pairing of treatment values for each subject or observation is performed. This sample obtained from a matched pair is usually called dependent sample and is usually done when each subject in an experiment is subjected to two different treatments usually at different time or stage. Hence, matched samples are used in matching observations to tie different groups.
