True. When the points are plotted on a graph and connected, they pass the vertical line test. No x value is the same.
I think it's 12.
-8 * 3 = -24 and -6÷3=-2
so -24÷-2=12
1:
A - actually not true, a probability plot would be better
B - not true, since exact values are plotted a box-and-whisker would be better
C - true (that's what a histogram does)
D - True (You can get the measures of central tendency quickly)
2:
A - true
B - False - those are easily found
C - False - They are arranged on the x-axis
D - True - see above
Answer:
Real interest rate = -1%
Step-by-step explanation:
Real interest rate=Nominal interest rate - inflation rate
From the above,
Nominal interest rate=1%
Inflation rate=2%
Real interest rate=Nominal interest rate - inflation rate
=1% - 2%
= -1%
Real interest rate = -1%
Real interest rate shows you what it really costs borrowers to pay back their loans.
if the real interest rate is greater than zero, the amount you pay back is worth more in real terms than the money you borrowed.
if the real interest rate is below zero as in the above case, the amount you will pay back is less worth in real terms than the money you borrowed.
To solve this, we are going to use the recursive formula for a geometric sequence:

where

is the nth term of the geometric sequence.

is the first term of the geometric sequence.

is the common ratio

is the position of the term in the sequence.
We know that the starting salary is $42,000, so

. Now, to find the common ratio

, we need to find the next term in the sequence first:
We know from our problem that t<span>he company automatically gives a raise of 3% per year, so the next term in the sequence will be 42000 + 3%(42000) = 42000 + 1260 = 43260. Remember that the common ratio is the current term of the geometric sequence divided by the previous term of the sequence; we know that our current term is 43260 and the previous term is 42000, so:
</span>


<span>Now we can plug the values in our recursive formula:
</span>


We can conclude that the recursive definition for the geometric sequence formed by the salary increase is: