Answer:
Adjusted balance method of financing is least expensive for consumer because it charge interest on the ending balance. This method charge a very low interest rate as the ending balance is small.
Step-by-step explanation:
As compare to average daily balance method, it is quite cheaper. It does not charge on daily basis consumption. Instead it charge on the net balance at the end of each billing cycle.
It’s a little complicated but here’s how it works:
Imagine a table with the intervals
0:4 , 4:6 , 6:7 , 7:10 , 10:13 (10 year intervals)
Then we have different rows
Class width: 4 , 2 , 1 , 3 , 3
Freq density: 0.2 , 0.5 , 1.2 , 0.7 , 0.3
So now calculate frequency where freq = class width * density
Freq: 0.8 , 1 , 3.6 , 2.1 , 0.9
So to find median find cumulative frequency
(Add all freq)
Cfreq = 8.4 now divide by 2 = 4.2
So find the interval where 4.2 lies.
0.8 + 1 = 1.8 + 3.6 = 5.6
So 4.2 (median) will lie in that interval 60-70 years.
Answer:
one solution it is x=1
Step-by-step explanation:
i can type in the steps if you want
Answer:
6x+2-1x+5=42
Step-by-step explanation:
Answer:
10.9361
Step-by-step explanation:
The lower control limit for xbar chart is
xdoublebar-A2(Rbar)
We are given that A2=0.308.
xdoublebar=sumxbar/k
Rbar=sumR/k
xbar R
5.8 0.42
6.1 0.38
16.02 0.08
15.95 0.15
16.12 0.42
6.18 0.23
5.87 0.36
16.2 0.4
Xdoublebar=(5.8+6.1+16.02+15.95+16.12+6.18+5.87+16.2)/8
Xdoublebar=88.24/8
Xdoublebar=11.03
Rbar=(0.42+0.38+0.08+0.15+0.42+0.23+0.36+0.4)/8
Rbar=2.44/8
Rbar=0.305
The lower control limit for the x-bar chart is
LCL=xdoublebar-A2(Rbar)
LCL=11.03-0.308*0.305
LCL=11.03-0.0939
LCL=10.9361
