Frederick deposited $200 in the bank. The bank paid him interest compounded quarterly at the rate of 5 percent per year.
2 answers:
A) $205.03
The formula for calculating compounded interest is
, where r is the rate of change (0.05), n is the number of times per year interest is compounded (4), s is the starting amount (200), and t is the number of years (0.5).
Substitute these values in to get
. The fraction can be simplified further to get 
.
Now simplify the multiplication in the exponent to get
. Then solve the exponent. 
Finally, multiply. You end up with $205.03125, which can be rounded to $205.03.
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The formula for calculating compounded interest is
Substitute these values in to get
Now simplify the multiplication in the exponent to get
Finally, multiply. You end up with $205.03125, which can be rounded to $205.03.
Please consider marking my answer as Brainliest to help me advance.
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Answer:
c 23 and 0.46 are statistics and 0.484 is a parameter
True. For this case the value 0.46 represent t statistic since from the sample obtained we can calculate the sample proportion of people who voted for Gore like this:
Where X represent the people with the characteristic desired in the random sample selected.
So then we can say that 23 and 0.46 represent statistics since comes from the sample. And the value 0.484 is obtained from the population so then represent a parameter.
Step-by-step explanation:
Previous concepts
A parameter is any "numerical quantity that characterizes a given population or some aspect of it". For this case we are interested on proportions and we denote the population proportion by
A statistic is "used to estimate the value of a population parameter". In other words is just an estimation of the population parameter of interest. Four our case the sample proportion denoted by represent the statistic for this case.
Solution for the problem
a 0.46 and 0.484 are statistics
False. 0.484 is not an statistic since it's the outcome from the original population and would represent the parameter "proportion of people who vote for Gore"
b 50 and 23 are statistics and 0.484 is a parameter
False. The sample size is not an statistic is just a value selected in order to calculate the statistic.
c 23 and 0.46 are statistics and 0.484 is a parameter
True. For this case the value 0.46 represent t statistic since from the sample obtained we can calculate the sample proportion of people who voted for Gore like this:
Where X represent the people with the characteristic desired in the random sample selected.
So then we can say that 23 and 0.46 represent statistics since comes from the sample. And the value 0.484 is obtained from the population so then represent a parameter.