Answer: 7.22
(note: this is a result after rounding. The result before rounding was 7.21875)
========================================================
Explanation:
Given Set of Values = {22, 16, 39, 35, 19, 34, 20, 26}
Add up the values: 22+16+39+35+19+34+20+26 = 211
Divide that sum by 8 as there are 8 values: 211/8 = 26.375
The mean is 26.375
Now subtract the mean from each data value. Apply the absolute value to ensure the difference is never negative
|22 - 26.375| = 4.375
|16 - 26.375| = 10.375
|39 - 26.375| = 12.625
|35 - 26.375| = 8.625
|19 - 26.375| = 7.375
|34 - 26.375| = 7.625
|20 - 26.375| = 6.375
|26 - 26.375| = 0.375
Add up those results
4.375+10.375+12.625+8.625+7.375+7.625+6.375+0.375 = 57.75
Then divide by 8
57.75/8 = 7.21875
The mean absolute deviation of the prices is 7.21875
Rounded to two decimal places, it is 7.22
Since we're talking about money, it makes sense to round to the nearest penny.
Answer:
3x
Step-by-step explanation:
Answer: C
Step-by-step explanation:
The method of computing that would result in a greater finance charge is a. the daily balance method will have a finance charge $1.02 greater than the adjusted balance method.
<h3>What is the Adjusted Balance Method?</h3>
This refers to the method of accounting that makes use of the owed amount of money at the end of a billing cycle to make its computation on an account after the credits are calculated.
Hence, we can see that when comparing the adjusted balance method to the daily balance method that calculates the interest charges at the end of the day, the daily balance method would have a higher finance charge.
Read more about adjusted balance methods here:
brainly.com/question/1808408
<h3>#SPJ4</h3>
can i just get a thank you ? lol