If the boat initially cost $11850 and INCREASED in value by 10% per year, we'd calculate the final value like this:
V = $11850(1+0.10)^8
But if the boat is losing value (depreciating) over time, we'd calculate its final value like this:
V = $11850(1-0.10)^8 = $11850(0.90)^8 = $11850(0.4305) = $5101.04 (answer)
Answer:
15
Step-by-step explanation:
1 hr: 5
2 hr: 10
3 hr: 15
x + 1/2 = 3/4
set denominators equal:
x + 2/4 = 3/4
-2/4 for both sides:
x = 1/4
there you go! hope this helps!
By the Central Limit Theorem, the best point estimate for the mean GPA for all residents of the local apartment complex is 1.7.
The Central Limit Theorem established that, for a normally distributed random variable X, with mean and standard deviation, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean and standard deviation ;
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
In this problem, we have that:
The sample of 112 residents has a mean GPA of 1.7.
By the Central Limit Theorem, the best point estimate for the mean GPA for all residents of the local apartment complex is 1.7.
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