3 years ago

Two data sets have the same range. Does this mean they have the same lowest and highest values? Explain.

1 answer:

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1) a) The distance from the smallest to largest data in both sets will be the same. Reason If two data sets are of the same range, then it is not...

If two data set have the same range then the distance from the smallest to the largest observation in both data sets will be the same.

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You invest 4,100 in an account that pays an interest rate of 7.25% ,compounded continuously. Calculate the balance of your accou

levacccp [35]

$\bf ~~~~~~ \textit{Continuously Compounding Interest Earned Amount}
\\\\
A=Pe^{rt}\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$4100\\
r=rate\to 7.25\%\to \frac{7.25}{100}\to &0.0725\\
t=years\to &8
\end{cases}
\\\\\\
A=4100e^{0.0725\cdot 8}\implies A=4100e^{0.58}\implies A\approx 7322.757566075$