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satela [25.4K]
3 years ago
10

What is an example of statistical reasoning?

Business
1 answer:
zubka84 [21]3 years ago
5 0

Answer/Explanation:

Statistics educators often talk about their desired learning goals for students, and invariably, refer to outcomes such as being statistically literate, thinking statistically, and using good statistical reasoning. Despite the frequent reference to these outcomes and terms, there have been no agreed upon definitions or distinctions. Therefore, the following definitions were proposed by Garfield (2005 and have been elaborated in Garfield and Ben-Zvi (2008).

Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)

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On July 1, SHady resort borrowed 350,000 cash by signing a 10-year, 8.5 % installment note requiring equal payments each June 30
Nadusha1986 [10]

Answer:

$29,750

Explanation:

Since the Annual Payments of $53,343 are all equal for the period of 10 years at 8.5% installment note, therefore we Simple interest formula here to calculate the interest amount;

I = Prt

P = Principal Amount = $350,000

r = Interest Rate = 8.5%

t = time = 10-year

I = Interest = 350,000 x 0.085 x 10  = 297,500

Hence, the first annual payment of interest expense will be:

= 297,500 / 10 = $29,750

3 0
3 years ago
How do you get a coutry girls attetion?
avanturin [10]

<em><u>How </u></em><em><u>you </u></em><em><u>get </u></em><em><u>a </u></em><em><u>Gurl~</u></em>

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Say it's been a long 6 months

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And that's how it works.

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I would wait forever and ever,

Broke your heart, I'll put it back together.

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With pictures in frames of kisses on cheeks (cheeks)

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That's how you lost the girl.

And now you say,

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I would wait forever and ever (ever and ever),

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I would wait forever and ever (ever and ever)."

And that's how it works

That's how you get the girl, girl...

Oh.

And that's how it works

That's how you get the girl, girl... (Yeah, yeah)

And you know (oh-oh oh oh)

That I don't want you to go oh-oh..

Remind me how it used to be.

Pictures in frames of kisses on cheeks.

And say you want me.

Yeah...

And then you say,

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I would wait forever and ever (ever and ever),

Broke your heart, I'll put it back together.

I want you forever and ever (I want you forever and ever)."

[4x]

And that's how it works

That's how you get the girl, girl.

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~ʆᵒŕ∂ཇꜱꜹⱽẻⱮë

8 0
3 years ago
Read 2 more answers
Death of a salesman could fairly be called a modern tragedy because:
son4ous [18]
Death of a Salesman by Arthur Miller can be considered a modern tragedy because it gives example of the tragic consequences that are a result of the protagonist dedicating his life to the ideal of the american dream. his attachment to superficial aspects of success doom him to a tragic failure and disillusionment. 
7 0
4 years ago
E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $18 in perpetuity, beginning 7 years from
barxatty [35]

Answer:

price of preferred stock = $465.65

Explanation:

given data

annual dividend = $18

return = 3.2 percent = 0.032

solution

we know prefer stock price is express as

prefer stock price Vp = \frac{d}{Kp}

here Vp is value of preference share and d is constant dividend and Kp is rate

so

prefer stock in 6th year will be = \frac{18}{0.032} = $562.50

so that price of preferred stock today = \frac{P6}{(1+Kp)^{n-1}}

price of preferred stock = \frac{562.50}{(1+0.032)^{7-1}}

price of preferred stock = $465.65

7 0
4 years ago
Favorable direct manufacturing labor efficiency variances are​ ________.
Anna35 [415]
Always credits.

Have a great day! :D
8 0
3 years ago
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