Answer:
C. The mean increases by 0.75.
Step-by-step explanation:
The mean of a data set is given by the sum of all its values, divided by the number of values.
Data set {10, 2, 8, 9, 5, 2, 6}
7 values
Sum: 10 + 2 + 8 + 9 + 5 + 2 + 6 = 42
Mean: 42/7 = 6
Adding number 12 to the data set
Now we have 8 values
The sum is 42 + 12 = 54
The mean is 54/8 = 6.75
This means that the mean increases by 0.75.
2 or 3 I would say... hope that helps : )
In this question they've given us the formula and they just want us to plug in the numbers and get the value.
P is the original value, P=$600
r is the depreciation rate, r=10%=0.1
t is the time in years, t=2
Answer: $486