"Express the difference in the measures of center as a multiple of each measure of variation. Round your answers to the nearest
tenth.
The difference in the medians is about (ANSWER HERE) to (ANSWER HERE) times the IQR."
The picture attached is the info needed to solve it. Someone please help, I'm completely lost.
The difference in the medians is about (ANSWER HERE) to (ANSWER HERE) times the IQR."
The picture attached is the info needed to solve it. Someone please help, I'm completely lost.
1 answer:
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Answer:
Original price of car = $20,000
Step-by-step explanation:
Let the original price of the car be 'x' dollars.
Given:
Here, the depreciation of the car is occuring exponentially as the value depreciates to half in every four years.
Worth of car after 8 years = $5000
Value after depreciation in 4 years = Half of original value =
So, value of car after depreciation in another 4 years = Half of the value after 4 years =
Therefore, final depreciated value after 8 years is .
But, as per question, final depreciated value is $5000. Thus,
Therefore, the original price of the car was $20,000.