<h3>
Answer: p = 0.12*(1.02)^t</h3>
Explanation:
The general exponential growth equation is
p = A*B^t
where t is the number of years that have gone by after 2008, A is the starting amount, B is the growth multiplier, and p is the price t years after 2008
We know that A = 0.12 is the starting price
The value of B is B = 1.02 which is in the form 1+r since 1.02 = 1 + 0.02 = 1+r
The r value is r = 0.02 and it is positive to represent growth. Keep in mind that 2% = 2/100 = 0.02
So we go from
p = A*B^t
to
p = 0.12*(1.02)^t
Answer: Larger the MAD tells us that the ages of swimmer are far from the mean age. Thus means is not a relevant indicator for the data.
Step-by-step explanation:
We know that the mean absolute deviation (MAD) helps to know whether the mean of a data is a worthy indicator for the data values .
The larger the MAD tells us the values are spread out far from the mean .
Also, larger the MAD makes the mean less worthy as an indicator of the data elements within the data set.
1 billion is 1,000 million 1,000,000,000
so
27,003,095,000
