The measure of center and range to be used to compare the population is the median and the inter quartile range.
<u>Explanation:</u>
You utilize the median and the interquartile range (IQR) to portray skewed distributions of information. To look at two populaces, utilize the mean and the MAD when the two populations are symmetric. Utilize the middle and the IQR when possibly one or the two circulations are slanted.
In statistics and probability theory, the median is the worth isolating the higher half from the lower half of an information test, a populace or a likelihood circulation. For an informational collection, it might be thought of as the "center" esteem.
We need the rates please attach a picture
Answer:
The balance of account at the end of 36 years is $31,849.29
Step-by-step explanation:
We are given the following in the question:
P = $3,300
r = 6.5% = 0.065
t = 36 years
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years and n is the nature of compound interest.
Since interest is compounded annualy we use n = 1
Thus, balance of account at the end of 36 years is $31,849.29