John invested the money at simple interest for 4.22 years.
We have,
Invested amount = $ 4500
Rate of interest = 5.5 %
Time = t years
Maturity value = $ 5545
So,
Total interest earned = $ 5545 - $ 4500 = $ 1045
And,
Simple interest = (Principal × Rate × Time ) / 100
So, Using the mentioned formula,
1045 = ( 4500 × 5.5 × t ) /100
1045 = 45 × 5.5 × t
⇒
t = (1045) / (45 × 5.5)
⇒ t = 4.22 years
Therefore, John invested the money at simple interest for 4.22 years.
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(A) Scatterplot
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The most helpful visualization to spot outliers would be a scatterplot.
When collecting data on a scatterplot, you can see how the results are similar and which areas have the most answers and such.
There can be multiply outliers on a scatterplot, and they stand out because while most answers will be clumped together, the outliers will not.
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