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3 years ago

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Micah deposited $4000 between two savings account. One account earns 4% simple interest each year. The other account earns 2% si

mple interest. Last year Micah earned $140 interest on the accounts.

1 answer:

Zepler [3.9K]3 years ago

8 0

What is the question?

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3 years ago

Read 2 more answers

Please help me compute standard deviation! Here is the problem, as written.

aleksandr82 [10.1K]

Answer:

The standard deviation for the income of super shoppers is 76.12.

Step-by-step explanation:

The formula to compute the standard deviation for the grouped data probability distribution is:

$\sigma=\sqrt{\sum [(x-\mu)^{2}\cdot P(x)]}$

Here,

<em>x</em> = midpoints

$\mu=\sum x\cdot P(x)$

Consider the Excel table attached below.

The mean is:

$\mu=\sum x\cdot P(x)=32.3$

Compute the standard deviation as follows:

$\sigma=\sqrt{\sum [(x-\mu)^{2}\cdot P(x)]}$

$=\sqrt{259.71}\\\\=76.1155204\\\\\approx 76.12$

Thus, the standard deviation for the income of super shoppers is 76.12.

3 0

3 years ago