3500(1 + .03/12)^12(5)
3500(1.0025)^60
The answer is:
$4,065.66 or $4,066
Hope this helps :)
Answer:
59 to 66
Step-by-step explanation:
Mean test scores = u = 74.2
Standard Deviation =
= 9.6
According to the given data, following is the range of grades:
Grade A: 85% to 100%
Grade B: 55% to 85%
Grade C: 19% to 55%
Grade D: 6% to 19%
Grade F: 0% to 6%
So, the grade D will be given to the students from 6% to 19% scores. We can convert these percentages to numerical limits using the z scores. First we need to to identify the corresponding z scores of these limits.
6% to 19% in decimal form would be 0.06 to 0.19. Corresponding z score for 0.06 is -1.56 and that for 0.19 is -0.88 (From the z table)
The formula for z score is:

For z = -1.56, we get:

For z = -0.88, we get:

Therefore, a numerical limits for a D grade would be from 59 to 66 (rounded to nearest whole numbers)
Answer:
a. Describing a sample with mean and standard deviation.
Step-by-step explanation:
Statistics can be categorized into descriptive and inferential statistics.
descriptive statistics uses data for descriptions through numerical analysis. It can be further divided in four parts.
- Measures of Central Tendency ( Mean, Median, and Mode)
- Measures of Frequency (Count, Percent, Frequency)
- Measures of Position (Percentile Ranks, Quartile Ranks.)
- Measures of Dispersion ( Range, Standard Deviation)
Inferential statistics however is based on assumptions and conclusions and generalizations drawn from samples or checks.
options b to d are all examples of inferential statistics while option a is an example of descriptive statistics.