Answer:
Lower and Upper Class Limit
Step-by-step explanation:
The Lower class limit is the smallest value within the class and the Upper class limit is the largest value within the class.
In a grouped data, data are distributed into classes with a specific class size/interval. e.g. The Class 0-4 has a Class Size of 5. The Lower class limit in this case is 0 and the Upper Class Limit is 4.
Answer:
Option D
Step-by-step explanation:
Given question is incomplete; here is the complete question.
Asako deposits $1000 into a bank that pays 1.5% interest compounded annually. Which inequality can she use to determine the minimum time in years 't' she needs to wait before the value of the account is 20% more than its original value?
A. 1000 . 1.01t > 1200
B. 1000 . 1.01t > 1.2
C. 
D. 
Formula to get the final amount by compounding is,
Final amount = 
Here, r = rate of interest
n = number of compounding in a year
t = Time or duration of investments (In years)
Initial amount = $1000
Final amount = 20% more than its original value = $(1000 + 0.2×1000) = $1200
r = 1.5% = 0.015
Inequality that represents the final amount 20% more than the initial value,
> 1200
> 1.2
Therefore, Option D will be the correct option.
Answer:
$-107
Step-by-step explanation:
From the problem we know the probability of randomly selecting a person alive throughout the year: 0.9989
Now, the probability that a person does NOT live would be the complement, that is:
1 - 0.9989 = 0.0011
Now to know the real value of the policy, we must first subtract what he paid for it, that is:
80000 - 195 = $ 79805
Now, to know what the value waiting for that person would be the subtraction of the real value that will be gained by the probability of not living, less what the policy payment for the probability of surviving, thus:
0.0011 * 79805 - 0.9989 * 195 = -107
Which means this man is actually losing $ 107
Yes. that is the correct answer
