(08.01)Looking at the spread of your data best fits which step of the statistical process?
1 answer:
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Answer:
13.2 years
Step-by-step explanation:
The decay rate is 15%, so the decay factor is 1 - 15% = 0.85. Then the exponential equation for the value is ...
v(t) = 85000·0.85^t
We can set v(t) = 10,000 and solve for t:
10000 = 85000·0.85^t
10000/85000 = 0.85^t . . . . divide by 85000
log(2/17) = t·log(0.85) . . . . . .reduce fraction, take logs
t = log(2/17)/log(0.85) ≈ 13.2
It will take about 13.2 years for the value to fall below $10,000.
_____
Such a question is nicely answered by a graphing calculator.
Keywords:
<em>Medium sodas, buy, dollars, divide </em>
For this case we must find the amount of medium sodas that Natalie's group can buy, taking into account that they have 20 dollars and that each medium soda costs 1.25 dollars. To solve, we must divide:
Let "x" be the number of medium sodas you can buy, then:
So, Natalie's group can buy 16 medium sodas with 20 dollars
Answer:
16 medium sodas