Answer:
<em>Mrs. Adams will earn $3,120 of interest at the end of year 8.</em>
Step-by-step explanation:
<u>Simple Interest</u>
In simple interest, the money earns interest at a fixed rate, assuming no new money is coming in or out of the account.
We can calculate the interests earned by an investment of value A in a period of time t, at an interest rate r with the formula:

Mrs. Adams deposited an amount of A=$12,000 into an account that earns an annual simple interest rate of r=3.25%. We must find the interest earned in t=8 years. The interest rate is converted to decimal as:

The interest is then calculated:

Mrs. Adams will earn $3,120 of interest at the end of year 8.
Answer:
In order to find the variance we need to calculate first the second moment given by:
And the variance is given by:
![Var(X) = E(X^2) +[E(X)]^2 = 23.36 -[4.74]^2 = 0.8924](https://tex.z-dn.net/?f=%20Var%28X%29%20%3D%20E%28X%5E2%29%20%2B%5BE%28X%29%5D%5E2%20%3D%2023.36%20-%5B4.74%5D%5E2%20%3D%200.8924)
And the deviation would be:

Step-by-step explanation:
Previous concepts
The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.
The variance of a random variable X represent the spread of the possible values of the variable. The variance of X is written as Var(X).
Solution to the problem
For this case we have the following distribution given:
X 3 4 5 6
P(X) 0.07 0.4 0.25 0.28
We can calculate the mean with the following formula:

In order to find the variance we need to calculate first the second moment given by:

And the variance is given by:
![Var(X) = E(X^2) +[E(X)]^2 = 23.36 -[4.74]^2 = 0.8924](https://tex.z-dn.net/?f=%20Var%28X%29%20%3D%20E%28X%5E2%29%20%2B%5BE%28X%29%5D%5E2%20%3D%2023.36%20-%5B4.74%5D%5E2%20%3D%200.8924)
And the deviation would be:

Answer:
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Step-by-step explanation:
Answer:
<u>2</u>
Step-by-step explanation:
<u>0</u>, 0, <u>2</u>, 2, <u>2</u>, 3, <u>4</u>, 6, <u>8</u>
Min=0. Max=8. Median=2. LQ=2
UQ=4
4-2=<u>2</u>