Answer: C 2.5%
Step-by-step explanation:
The "Rule of 72" is a easy way to calculate how much time an investment will take to double with a given fixed annual rate of interest.
Just we have to divide 72 by the annual rate of return(r), we can get a rough estimate of how many years it will take to double the initial investment .
Now, in given problem: Let 'r' be the rate of interest
Time to double the amount=29 years
Thus by rule 72 ,
Therefore, C is the right option.
The measures of central tendency for this data set are as follows:
In Mathematics, there are three (3) main measures of central tendency and these include the following:
For the mean, we have:
Mathematically, the mean for this data set would be calculated by using this formula:
Mean = [F(x)]/n
For the total number of data, we have:
F(x) = 0 + 1 + 1 + 1 + 2 + 2 + 3 + 3 + 3 + 3 + 4 + 4 + 4 + 5 + 5 + 5 + 6 + 6 + 6 + 7
F(x) = 71
Substituting the parameters into the formula, we have:
Mean = [F(x)]/n
Mean = 71/20
Mean = 3.55.
For the median, we have:
First of all, we would order the data from lowest to highest and then determine the median as follows:
Data = {0, 1, 1, 1, 2, 2, 3, 3, 3,} 3, 4, {4, 4, 5, 5, 5, 6, 6, 6, 7}
Median = {3 + 4}/2
Median = 7/2
Median = 3.5.
<h3>How to calculate the mode?</h3>A mode refers to the most frequently occurring number in a data set. Thus, the mode for this data set is equal to 3.
In conclusion, a box plot of the measures of central tendency for this data set is shown in the image attached below.
Read more on mean here: brainly.com/question/9550536
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