The graphs below were created by an advertising agency for the computer store TechPlus to show its average price on laptops and
desktops compared to another computer store's prices.
Which of the following statements best explains how the advertising agency misrepresented the data?
The graphs use different scales, making it appear that the prices at TechPlus are much lower than CompStar.
The graphs were created with different colors.
The graph for CompStar makes its prices appear much higher, but its prices are only a little higher.
The graphs do not include tablet computers, so there is not enough information to compare their prices.
Which of the following statements best explains how the advertising agency misrepresented the data?
The graphs use different scales, making it appear that the prices at TechPlus are much lower than CompStar.
The graphs were created with different colors.
The graph for CompStar makes its prices appear much higher, but its prices are only a little higher.
The graphs do not include tablet computers, so there is not enough information to compare their prices.
1 answer:
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Given parameters:
Current population = 530,300 people
Growth rate = 0.8% per year
Unknown
Population in 15 more years = ?
To solve this problem, we must compound the increase per year.
This implies that we treat the problem like that of a compound interest.
Since we know that population increases by 0.8%,
it is similar to 1 + = 1.008 increase
Now the population in 15years will be;
530300 x (1.008)¹⁵ = 597626 people
So, the population after 15yrs is 597626 people