If the principal is 3500 the rate is 3% and the time is 3 years want is the answer
1 answer:
You might be interested in
Answer:
Option(A) is correct
Jersey numbers are nominal data that are just replacements for names, so the resulting statistics are meaningless.
Step-by-step explanation:
The given data set in the question are ;33, 29, 97, 56, 26, 78, 83, 74, 65, 47, 58
the range can be determined by finding the highest value and subtract it to the lowest value. In this case the values are:
Highest = 97
Lowest = 71
Range = highest value - Minimum value
Range = 97 - 26 = 71
mean of the data is the summation of all the numbers in the data set divided by the number of given samples.
Mean = (33 + 29 + 97 + 56+ 26 + 78 + 83 74+ 65 + 47 + 58)/11
= 647/11
Now to find the variance of the data set by using below formular
σ²=[ (xᵢ -mean)²]/n-1
[(33-58.7)² +(29-58.7)²+( 97-58.7)²+( 56-58.7)²+( 26 -58.7)²+(78-58.7)²+( 83 -58.7)²+(74-58.7)²+( 65-58.7)²+( 47 -58.7)²+(58 -58.7)²]/10
Now, we will calculate standard deviation by taking square root over variance
σ =√(variance)
σ =√(546)
Hence, the range is 71 ,variance is 546 and standard deviation is 23.4 therefore,
Option A is the answer that is Jersey numbers are nominal data that are just replacements for names, so the resulting statistics are meaningless.