It is given in the problem that
Liam buys a motorcycle for $2,900
Its value depreciates annually at a rate of 12%=0.12
At the end of t years, it has a value of less than $2,000
The exponential equation modeling this situation can be written as below

The inequality representing its value less than $2,000 can be written as below

Answer:
Explanation:
You can build a two-way relative frequency table to represent the data:
These are the columns and rows:
Car No car Total
Boys
Girl
Total
Fill the table
- <em>30% of the children at the school are boys</em>
Car No car Total
Boys 30%
Girl
Total
- <em>60% of the boys at the school arrive by car</em>
That is 60% of 30% = 0.6 × 30% = 18%
Car No car Total
Boys 18% 30%
Girls
Total
By difference you can fill the cell of Boy and No car: 30% - 18% = 12%
Car No car Total
Boy 18% 12% 30%
Girl
Total
Also, you know that the grand total is 100%
Car No car Total
Boy 18% 12% 30%
Girl
Total 100%
By difference you fill the total of Girls: 100% - 30% = 70%
Car No car Total
Boy 18% 12% 30%
Girl 70%
Total 100%
- <em>80% of the girls at the school arrive by car</em>
That is 80% of 70% = 0.8 × 70% = 56%
Car No car Total
Boy 18% 12% 30%
Girl 56% 70%
Total 100%
Now you can finish filling in the whole table calculating the differences:
Car No car Total
Boy 18% 12% 30%
Girl 56% 14% 70%
Total 74% 26% 100%
Having the table completed you can find any relevant probability.
The probability that a child chosen at random from the school arrives by car is the total of the column Car: 74%.
That is because that column represents the percent of boys and girls that that arrive by car: 18% of the boys, 56% of the girls, and 74% of all the the children.
Answer:
a. Grand Mean = 2.799
b. Standard Deviation = 0.01387
c. Standard Error = 0.0016
d. The range with a Z score of 3 = (2.75739, 2.84061)
Step-by-step explanation:
a. Grand mean :
Given that
Sum of 80 values = 223.91
Total observation = 80
Grand mean = 223.91/80 = 2.799
b. With the excel command "STDEV[range of cells]", we get the standard deviation as = 0.01387
c. Standard error = Standard deviation / root of n

d. The range with a Z score of 3 :
lower limit = mean - (3 * SD) = 2.799 - (0.04161) = 2.75739
upper limit = mean + (3 * SD) = 2.799 + (0.04161) = 2.84061