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3 years ago

5

You buy a house for 149,000 it appreciates 6% per year how much is is worth in 7 years?

1 answer:

ElenaW [278]3 years ago

4 0

149,000 x (1.06)^7 = 224,040.91

it is worth $224,040.91 ( Round answer as needed)

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The values of 60, 62, and 84 were common to both samples. The three values are identified as outliers with respect to the age-gr

postnew [5]

Answer:

Only 60 is an identified outlier

Step-by-step explanation:

Given

<u>Age group: 40 to 50</u>

$Min = 60$ $Q_1 = 70$ $Median= 73$

$Q_3 = 76$ $Max = 85$

<u>Conditions for outlier</u>

$Value > Q_3 + 1.5 * IQR$

$Value < Q_1 - 1.5 * IQR$

<em>See attachment for complete question</em>

<u>Required</u>

Which of 60, 62 and 84 is an outlier of age grout 40 to 50 years

First, calculate the IQR of group 40 to 50.

This is calculated as:

$IQR = Q_3 - Q_1$

Where:

$Q_3 = 76$ and $Q_1 = 70$

So:

$IQR = 76 - 70$

$IQR = 6$

<em>Next, is to test the outlier conditions on each value (i.e. 60, 62 and 84)</em>

<u></u>

<u>Testing 60</u>

<u>Condition 1</u>

$Value > Q_3 + 1.5 * IQR$

$60 > 76 + 1.5 * 6$

$60 > 76 + 9$

$60 > 85$ --- False

<u>Condition 2</u>

$Value < Q_1 - 1.5 * IQR$

$60 < 70 - 1.5 * 6$

$60 < 70 - 9$

$60 < 61$ --- True

<em>Because one of the conditions is true, then 60 is an outlier of group 40 - 50 years</em>

<em></em>

<u>Testing 62</u>

<u>Condition 1</u>

$Value > Q_3 + 1.5 * IQR$

$62> 76 + 1.5 * 6$

$62 > 76 + 9$

$62 > 85$ --- False

<u>Condition 2</u>

$Value < Q_1 - 1.5 * IQR$

$62 < 70 - 1.5 * 6$

$62 < 70 - 9$

$62 < 61$ --- False

<em>Because both conditions are false, then 62 is not an outlier of group 40 - 50 years</em>

<em></em>

<u>Testing 84</u>

<u>Condition 1</u>

$Value > Q_3 + 1.5 * IQR$

$84> 76 + 1.5 * 6$

$84 > 76 + 9$

$84 > 85$ --- False

<u>Condition 2</u>

$Value < Q_1 - 1.5 * IQR$

$84 < 70 - 1.5 * 6$

$84 < 70 - 9$

$84 < 61$ --- False

<em>Because both conditions are false, then 84 is not an outlier of group 40 - 50 years</em>

5 0

3 years ago