If a soccer team made 37 penalty shots out of 100, what fraction and what percentage of penalty shots did the team miss? choose
2 answers:
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To solve this we are going to use the future value of annuity due formula: ![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where
is the future value
is the periodic deposit
is the interest rate in decimal form
is the number of times the interest is compounded per year
is the number of deposits per year
We know for our problem that
and 
. To convert the interest rate to decimal form, we are going to divide the rate by 100%: 
. Since Ruben makes the deposits every 6 months, 
. The interest is compounded semiannually, so 2 times per year; therefore, .
Lets replace the values in our formula:
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>$29,299.53</span>
where
We know for our problem that
Lets replace the values in our formula:
We can conclude that the correct answer is <span>$29,299.53</span>
Answer:
μ = 235.38
σ = 234.54
Step-by-step explanation:
Assuming the table is as follows:
This is an example of grouped data, where a range of values is given rather than a single data point. First, find the total frequency.
n = 339 + 86 + 55 + 18 + 11 + 8 + 3
n = 520
The mean is the expected value using the midpoints of each range.
μ = (339×100 + 86×300 + 55×500 + 18×700 + 11×900 + 8×1100 + 3×1300) / 520
μ = 122400 / 520
μ = 235.38
The variance is:
σ² = [(339×100² + 86×300² + 55×500² + 18×700² + 11×900² + 8×1100² + 3×1300²) − (520×235.38²)] / (520 − 1)
σ² = 55009.7
The standard deviation is:
σ = 234.54
