A) The mean of set 1 is 53,800, while the mean of set 2 is 38,600. The median of set 1 is 42,000, while the median of set 2 is 28,000.
B) The median is a more accurate estimate, because each set has 1 particularly large outlier which heavily skews the mean. In each set, the mean is actually higher than 4 out of the 5 data points, which is not very accurate in describing how much the typical car costs.
Interest rate i=19.1% compounded annually.
Initial deposit, P=48900
Time t=53 months=53/12 years
Use compound interest formula
Future value,
F=P(1+i)^(t)=48900(1+0.191)^(53/12)
= $105,824.40 (to the nearest cent)
It 95 because you can not go over 100 when we are dealing with percentages
Answer:
The equation is false.
The answer of the right side is - 24. The answer of the left side is - 19.
-24 is not equals to - 19. That means the equation is false.
