Here are the numbers that represent each based on the box plot:
Median: 11 (located at the vertical line in the middle of the box)
Range: 19 - 7 = 12 (highest value - lowest value)
25%: 9 (at the left end of the box)
75%: 14 (at the right end of the box)
Interquartile range: 14 - 9 = 5 (the distance from the beginning to the end of the middle half of the data)
Answer:
The expected value of profit is -0.5125. This is expected loss as value is negative.
Step-by-step explanation:
We are given the following in the question:
P(winning) = 0.075
Thus,
P(Loosing) =
If we win we gain a profit of $5.50 and if we loose the lottery, we loose $1.
Thus, we can form the probability distribution in the following manner:
Event: Winning Loosing
Profit(x): +5.50 -1
P(x): 0.075 0.925
We have to calculate the expected value of the profit.
Thus, the expected value of profit is -0.5125. This is expected loss as value is negative.
Answer:
$10,603.20
Step-by-step explanation:
You can calculate the simple interest of the loan using the formula:
I = prt, where I = interest, p = principal amount, r = interest rate and t = time. Plugging in the values from the problem:
p = $7,050
r = 8.4% or 0.084
t = 6 years
I = (7050)(0.84)(6) = $3,553.20
To find the total cost of the boat, add the interest and the purchase price:
$7,525 + $3,553.20 = $11,078.20
Answer:
I think the answer is$12 - $3 = $9
the amount u need is $9 to have the complete amount u need to purchase the ticket
Answer:
3
Step-by-step explanation: From one point, go over to the top/bottom of the other point then go down/up to the point (go from one point to the other) then the rise you did (1) over the run across (3) then the formula is rise over run. then divide.
