The best estimate of the population means is always the sample mean. We have the sample values, using them we can find the sample mean.
The sum of the sampled rates = 248
Sample Size = 10
Mean value of the sample = Sum of Sample Rate/Sample Size
So,
Mean of the sample = 248/10 = 24.8
Therefore, we can say that the best estimate for the population mean is 24.8
Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount. So for example, you deposit $100 in an account that gets 5% interest compounded semiannually. The first time it compounds you get $5 added to your account so your new balance is $105. The next time it compounds you get 5% on $105 so you get $5.25 added and so on. If this is only happening semi-annually that would be all you get for the year. But if it happens quarterly you would get would get deposits of $5.51 and $5.79 as well. If it compounds monthly or even daily your money would grow more and more. Hope this helps.
<span>The variance method is as follows.
-Sum the squares of the values in data set, and then divide by the number of values in data set
- From that, subtract the square of the mean (add all values and divide by number of values in the data set)
Our variance is
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Since variance has to be 14, we set

and solve for m

quadratic formula

-4 doesnt' work as it is not a positive integer
m = 11
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Set up you question 5256 divided by 56 then write the answer. Finally if you get a remainder put the answer then the remainder
Answer: 4x
Step-by-step explanation: Move all terms that don't contain y to the right side and solve. y = 4x