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lawyer [7]
3 years ago
13

According to Wine-Searcher, wine critics generally use a wine-scoring scale to communicate their opinions on the relative qualit

y of wines. Wine scores range from to , with a score of indicating a great wine, indicating an outstanding wine, indicating a very good wine, indicating a good wine, indicating a mediocre wine, and below indicating that the wine is not recommended. Random ratings of a pinot noir recently produced by a newly established vineyard in follow: Excel File: data07-11.xlsx 87 91 86 82 72 91 60 77 80 79 83 96 a. Develop a point estimate of mean wine score for this pinot noir (to decimals).
Mathematics
1 answer:
antiseptic1488 [7]3 years ago
4 0

Answer:

\=x=82

Step-by-step explanation:

From the question we are told that:

Data

\begin{center}\begin{tabular}{ |c|c|c|c|c|c| }  87& 91& 86& 82& 72&91 \\ 60& 77& 80& 79& 83&96 \end{tabular}\end{center}

Generally the equation for Point estimate \=x is mathematically given by

\=x=\frac{\sum_x}{n}

\=x=\frac{87 +91+ 86+ 82 +72 +91+ 60+ 77 +80+ 79+ 83 +96}{12}

\=x=\frac{984}{12}

\=x=82

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bezimeni [28]

\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\dotfill&\$6000\\ P=\textit{original amount deposited}\dotfill &\$5000\\ r=rate\to 7\%\to \frac{7}{100}\dotfill &0.07\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus twelve} \end{array}\dotfill &12\\ t=years \end{cases}

\bf 6000=5000\left(1+\frac{0.07}{12}\right)^{12\cdot t}\implies \cfrac{6000}{5000}\approx (1.0058)^{12t}\implies \cfrac{6}{5}\approx(1.0058)^{12t} \\\\\\ \log\left( \cfrac{6}{5} \right)\approx \log[(1.0058)^{12t}]\implies \log\left( \cfrac{6}{5} \right)\approx 12t\log(1.0058) \\\\\\ \cfrac{\log\left( \frac{6}{5} \right)}{12\log(1.0058)}\approx t\implies 2.63\approx t\impliedby \textit{about 2 years, 7 months and 16 days}

6 0
3 years ago
What is 11% of 96 students
zaharov [31]

Answer:

8.7

Step-by-step explanation:

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7 0
3 years ago
Which of the following, while appearing negative, might actually be considered an advantage of filing bankruptcy?
Yuri [45]
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3 years ago
Read 2 more answers
HELP!!!!!
Nata [24]

Answer:

1

Step-by-step explanation:

identify two points on the graph:

1. (0, 4)

2. (-2, 2)

use slope formula: (y² - y¹) / (x² - x¹)

1. (2 - 4) / (-2 - 0) = -2 / -2 = 1

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8 0
3 years ago
Read 2 more answers
A population of 1,500 insects grows exponentially by a factor of 3 every week. Select all equations that represent or approximat
Andreas93 [3]

Answer:

FV(p)= PV*(1 + g)^t

Step-by-step explanation:

Giving the following information:

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<u>First, we need to calculate the daily growth rate:</u>

Daily rate (g)= [3^(1/7)] - 1

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<u>Now, by using the following formula, we can determine the population p in any given day t:</u>

FV(p)= PV*(1 + g)^t

<u>For, example after 7 days:</u>

FV(p)= 1,500*(1.16993^7)

FV(p)= 4,500

<u>For example, after 10 days:</u>

FV(p)= 1,500*(1.16993^10)

FV(p)= 7,206

4 0
2 years ago
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