The answer to your question would be Validity Check because only a fixed limited set of values are allowed. Hoped this helped
Answer:
A. The lowest price is a relevant statistic for someone planning to buy one of the TVs.
Explanation:
The measures of central tendency refers to the measurement of data by considering the mean, median and mode so that it could estimate the sample data based on this measures
In order to decide to buy one of these TV the statistic that is should be considered and ignore the central tendancy measures is the price that is lesser to buy one of the TVs.
hence, the correct option is A.
Answer:
c. fall from 20 to 10.
Explanation:
The formula for the money multiplier is 1/reserve ratio,this means that the lower the reserve ratio the higher the multiplier, the reason for this is when the reserve ratio is lower banks can loan out a higher proportion of money therefore more money is created thus the multiplier and reserve ratio have an inverse relationship.
when the reserve ratio is 5% the multiplier is 1/0.05=20
When the reserve ratio is changed to 10% the multiplier is 1/0.1= 10
So the multiplier changes from 20 to 10.
The present value of the offer is $145,466.83
<h3>What is the present value?</h3>
The first step is to determine the present value of the growing annuity. The formula that would be used is:
x ![[1 - \frac{1 + g}{1 + r} ^{n} ]](https://tex.z-dn.net/?f=%5B1%20-%20%5Cfrac%7B1%20%2B%20g%7D%7B1%20%2B%20r%7D%20%5E%7Bn%7D%20%5D)
Where:
- p = base salary
- r = discount rate
- g = growth rate
- n = number of years
$35,000 / (0.12 - 0.04) = 437,500
1 - (1.04/0.12)^5 = 0.31
0.31 x 437,500 = $135,466.83
Present value = $135,466.83 + $10,000 = $145,466.83
First he shoupd prove he is incapable, then get a family member to sign for him. (unless he is under 18.