The correlation based on the computation is 0.97.
<h3>How to compute the value?</h3>
It should be noted that the question is that we should simply calculate the correlation which is r.
The correlation will be:
= Σ(x y) / (Σ(x²) × Σ(y²)
= 9627/✓(1118 × 87982)
= 9627 ✓98363876
= 9627/9917.86
= 0.97
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Answer:
6
Step-by-step explanation:
Since RQ bisects WRV, WRQ = QRV, 48=7y+6. 48-6=42, leaving 42=7y. 42/7=6.
Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after t years = 103(1.02)^t
i.e. 1 + r = 1.02
r = 1.02 - 1 = 0.02
Therefore, annual interest rate = 0.02 x 100 = 2%