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Bad White [126]
3 years ago
5

The formula for interest is I=Prt. Describe what these letters stand for. Is the formula the same if you are charged interest on

a purchase, like when you earn money in a savings account? Once you have the numbers, how do you solve the formula for interest?
Mathematics
1 answer:
prisoha [69]3 years ago
7 0

Answer:

I stand for interest

P stand for principle

R stand for rate

T stand for time

There are the same.


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Step-by-step explanation:

League A                   League B

151.12                            163.25

148                                157

26.83                             24.93

29                                  136

136                                145

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207                               256

League A in ascending order :

26.83 , 29 , 136, 148 , 151.12 , 167,207

Mean = \frac{\text{Sum of all observations}}{\text{No. of observations}}\\\\Mean = \frac{26.83+29 +136+ 148+ 151.12+ 167+207}{7}\\\\Mean =123.564

Median = Mid value of data

n = 7

So, mid value = 4th term

Median=148

Standard deviation=\sqrt{\frac{\sum(x_i-\bar{x})^2}{n}}==\sqrt{\frac{(26.83-123.564)^2+(29-123.564)^2+.......+(207-123.564)^2}{7}}=63.98

To Find Q1

Q1 is the mid value of lower quartile

Lower quartile : 26.83 , 29 , 136, 148

n = 4

Q1=82.5

To Find Q3

Q3 is the mid value of upper quartile

Upper quartile : 148 , 151.12 , 167,207

n = 4

Q3=159.06

IQR = Q3-Q1=159.06-82.5=76.56

To find outlier

(Q1-1.5IQR ,Q3+1.5IQR)

(82.5-1.5\times 76.56,159.06+1.5\times 76.56)

(-32.34,273.9)

So, There is no outlier

Maximum = 207

2)

League B in ascending order :

24.93,136,145,157,163.25,178,256

Mean = \frac{\text{Sum of all observations}}{\text{No. of observations}}\\\\Mean = \frac{24.93+136+145+157+163.25+178+256}{7}\\\\Mean =151.45

Median = Mid value of data

n = 7

So, mid value = 4th term

Median=157

Standard deviation=\sqrt{\frac{\sum(x_i-\bar{x})^2}{n}}==\sqrt{\frac{(24.93-151.45)^2+(136-151.45)^2+.......+(256-151.45)^2}{7}}=68.42

To Find Q1

Q1 is the mid value of lower quartile

Lower quartile : 24.93,136,145,157

n = 4

Median = \frac{\frac{n}{2} \text{th term}+(\frac{n}{2}+1) \text{th term}}{2}\\Median = \frac{\frac{4}{2} \text{th term}+(\frac{4}{2}+1) \text{th term}}{2}\\Median = \frac{2 \text{th term}+3 \text{th term}}{2}\\Median = \frac{136+145}{2}=140.5

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To Find Q3

Q3 is the mid value of upper quartile

Upper quartile : 157,163.25,178,256

n = 4

Q3=170.625

IQR = Q3-Q1=170.625-140.5=30.125

To find outlier

(Q1-1.5IQR ,Q3+1.5IQR)

(140.5-1.5\times 30.125,170.625+1.5\times 30.125)

(95.3125,215.8125)

24.93 and 256 are outliers  

Maximum = 256

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The line chart created with MS Excel is attached.

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