How many years will it take for $20,000 to earn $7,000 in interest if placed in an account that earns 2.09% simple interest?
1 answer:
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Answer:
D.No, because some models of cell phones will have a larger market share than others. Measures from different models should be weighted according to their size in the population.
Step-by-step explanation:
(a) Range is the difference between the smallest and largest observation.
Here Smallest observation = 0.63
and Largest observation = 1.48
⇒ Range = 0.85
(b) Standard Deviation is calculate by,
where, is mean of the observation.
Here, Mean = 0.988
⇒ Standard Deviation = 0.313
(c) Variance is the square of Standard deviation.
Thus, Variance = (Standard Deviation)² = 0.098
(d) Here last option(D) is true i.e. No, because some models of cell phones will have a larger market share than others. Measures from different models should be weighted according to their size in the population.