Answer:
The correct answer is there are 15 samples each of size 4 to choose from the population and the population mean is 27.
Step-by-step explanation:
Total number of lottery tickets = 6
Number of samples of size 4 that can be drawn from this population of 6 lottery numbers are =
= 15.
Now the population mean is given by
× ∑ x , where n is the number of lottery tickets and ∑ x is the sum of the lottery numbers.
Summation of the lottery ticket numbers is 162
Thus the population mean is given by
= 27.
C. A function can only have one y value for an x value
When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
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No se si esté correcto, buena suerte!:)
Answer:
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Step-by-step explanation: