Answer:
1.8
Explanation:
add all of the numbers up
9
divide by number of numbers given
9/ 5= 1.8
Using it's concept, it is found that the sample mean of cars sold per week is of 4.96.
<h3>What is the mean?</h3>
The mean of a data-set is given by the <u>sum of all observations in the data-set divided by the number of observations</u>.
In this problem, the sum of the 26 observations is given by:
S = 1 + 1 + 4 + 2 + 4 + 10 + 8 + 5 + 9 + 6 + 1 + 5 + 6 + 5 + 7 + 1 + 4 + 6 + 8 + 9 + 2 + 5 + 9 + 5 + 3 + 3 = 129.
Hence the mean is given by:
M = 129/26 = 4.96.
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If the interest rate rises from 5% to 9%, then it means that the number of new businesses will decrease.
<h3>What is Interest rate?</h3>
This can be defined as the amount charged by a lender to a borrower on any type of debt given.
Most businesses take loans to start which which is why an increase in interest rate means more charges and difficulty in accessing them therefore leading to a decrease in number of new businesses by individuals.
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Answer: Option B
Explanation: Passage 1 contains a false dilemma, while passage 2 contains a bandwagon appeal.