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pychu [463]
4 years ago
8

What is a better deal 56/25 or 32.05/15

Mathematics
1 answer:
saul85 [17]4 years ago
8 0

We are given fractions: \frac{56}{25} \ or \ \frac{32.05}{15}.

Let us convert those both fractions in decimals only to get the better deal.

For first fraction 56/25, if we divide 56 by 25, we get

56 ÷ 25 = 2.24 decimal value.

And for second fraction 32.05/15 if we divide 32.05 by 15, we get

32.05 ÷ 15 = 2.14 (approximately).

2.14 is lesser value, therefore 2.14 is better deal than 2.24.

And finally we could say 32.05/15 is better deal  than 56/25.

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In the last quarter of​ 2007, a group of 64 mutual funds had a mean return of 2.2 2.2​% with a standard deviation of 6.3 6.3​%.
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For the 99th percentile, the value in the z chart closest to 0.99 is 0.9901, which corresponds to a z score of z = 2.33:

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For the IQR, we find the values for the 75th percentile (Q3) and the 25th percentile (Q1).  The value in a z chart closest to 0.75 is 0.7486, which corresponds to a z score of z = 0.67:

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Multiply both sides by 6.3:

6.3(0.67) = X-2.2

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Add 2.2 to each side:

4.221+2.2 = X-2.2+2.2

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The value in a z chart closest to 0.25 is 0.2514, which corresponds to a z score of z = -0.67:

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Multiply both sides by 6.3:

6.3(-0.67) = X-2.2

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This makes the interquartile range

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