Y=-3x+10 if you take the negative reciprocal and plug in the point to solve for b.
We can use the compound interest formula
F=P(1+i)^n
where
F=Future value of investment to be found
P=present value of investment ($1000)
i=interest per period (1/4 year)=0.04/4=0.01
n=number of periods (3 years * 4 quarters = 12)
Substitute or "Plug in" values, so to speak,
F=1000*(1+0.01)^12
use a calculator to do the sum
=1126.83 (to the nearest cent, and use the proper rounding rules)
Answer:
The data are at the
<u>Nominal</u> level of measurement.
The given calculation is wrong because average (mean) cannot be calculated for nominal level of measurement.
Step-by-step explanation:
The objective here is to Identify the level of measurement of the data, and explain what is wrong with the given calculation.
a)
The data are at the <u> Nominal </u> level of measurement due to the fact that it portrays the qualitative levels of naming and representing different hierarchies from 100 basketball, 200 basketball, 300 football, 400 anything else
b) We are being informed that, the average (mean) is calculated for 597 respondents and the result is 256.1.
The given calculation is wrong because average (mean) cannot be calculated for nominal level of measurement. At nominal level this type of data set do not measure at all , it is not significant to compute their average (mean).
The quadratic formula is x= -b +/- √b²-4ac / 2a
In this problem,
a=6
b=4
c=-3
Now, we can plug this into the formula:
x= -4 +/- √4²-(4)(6)(-3) / (2)(6)
x= -4 +/- √16+72 / 12
x= -4 +/- √88 /12
x= -4 +/- 2√22 /12
x= -2 +/- √22 / 6
So,
x= -2 + √22 / 6
x= -2 - √22 / 6
