Answer:
6
Step-by-step explanation:
7n=42
n=42/7
n=6
45th percentile means that 45% of the data fall below that number while 55% (that is, 100-45) fall above it.
Now, arranging the number in ascending order;
$60, $85, $95, $105, $120, $145, $155, $175, $190, $215, $235, $240, $260, $285, $325
The total number of counts = 15
Then,
Index = 15*45% = 15*0.45 = 6.75
Round up,
Index = 7
The,
7th number = $155
Therefore, 45th percentile value of the data = $155
Since these events are independent, you add the possibilities
the number of cards less than 9 is 32
the number of spades is 13
there are 52 cards in a deck, so you put those numbers over 52
32/52 + 13/52 = 45/52
the answer is 45/52
Answer:
(a) A = 700×1.015^t
(b) 36.2 years
Step-by-step explanation:
(a) Each year, the account value is multiplied by (1 + 1.5%) = 1.015. Repeated multiplication is signified using an exponent. In t years, when the account has been multiplied by 1.015 t times, the account value will be ...
A = $700×1.015^t
__
(b) You want to find t when A=$1200. Logarithms are involved.
1200 = 700×1.015^t . . . . use 1200 for A
1200/700 = 1.015^t . . . . . divide by 700
log(12/7) = t×log(1.015) . . . . . take logarithms
log(12/7)/log(1.015) = t ≈ 36.2 . . . . divide by the coefficient of t
It will take about 36.2 years for the account balance to reach $1200.
