£376.32 is the answer.
Working:
€336 x the exchange rate(1.12)
Answer:
p percent of the observations are less than the value and (100 - p) percent are more than this value.
Step-by-step explanation:
Given : The pth percentile is a value such that approximately
Solution :
Definition : A percentile is a measure used in statistics indicating the value below which a given percentage of observations in a group of observations falls
So, The pth percentile means p percentage of observations in a group of observations falls bellow the value
So, (100-p) percentage of observations in a group of observations falls above the value
So, Option a is true
Hence p percent of the observations are less than the value and (100 - p) percent are more than this value.
$11,000 will bet the cost in 7 years
Given:
Original cost: $25,000
Depreciation rate: 8%
Term: 7 years
Formula for Depreciation:
A = C ( 1 - ( r ) (t) )
A = Future Value
C = Original Cost
r = rate
t = term
Solution:
Substitute the given values to the formula for depreciation.
A = $25,000( 1 - ( 0.08)(7))
A = $25,000( 1 - .56 )
A = $25,000(0.44 )
A = $11,000
Answer:
5.4332, 7.7, 7.03, and then 7.73
