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2 years ago

2. Is the mean of the age distribution closer to 15, 20, or 25 years? Explain your answer.

Mathematics

1 answer:

DENIUS [597]2 years ago

5 0

Answer:

the mean of the age distribution is 20

Step-by-step explanation:

Question is

A local utility company wanted to gather data on the age of air conditioners that people have in their homes. The company took a random sample of 200 residents of a large city and asked if the residents had an air conditioner, and if they did, how old it was. Below is the distribution in the reported ages of the air conditioners.

the graph is attached below

find the mean of the age distribution closer to 15, 20, or 25 years

In the given graph the distribution is centered at 20

So the mean of the age distribution is 20

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it is going to take 15.9 months to raise 10000 dollars

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<h3>How to solve the question</h3>

a. 10000 = 9359.08e(0.05)

e⁰⁰⁵ = 10000/9359.08

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d. ln(e^a) = a

We can clearly see that the money cannot be raised in the 15 months from $ 9359.08. there is a deficit amount of $37.31

Read more on compound interest here: brainly.com/question/24924853

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