Answer:
Step-by-step explanation:
Range = difference between the highest and the lowest
Mode = Data that occurs the most time
Median = Arrange the data in ascending order. The middle data is the median. If number of data is even, median is the average of the two middle terms.
1) Range = 28 -21 = 7
Mode = 25
Number of data (Count the total dots) = 14
Median = average of 7th and 8th term
Median = (25+25)/2 = 50/2 = 25
2) Range = 0.18 - 0.11 = 0.07
Mode = 0.15 and 0.16
Number of data = 23
Median =12th term = 0.15
Answer: Joe earns a monthly salary of 250 plus a commission on his total sales. Last month his total sales were $7,289 and he earned a total of $1,275. What is his commission rate?
Step-by-step explanation:
250 + $7,289 + $1,275 = 8814
Answer:
12 cup of milk.
Step-by-step explanation:
if 3 cups of milk can make 30 cookies it means 1 cup of milk can make 10 cookies then for 100 cookies we need 10 cup of milk and 30 more means 3 more so answer is 12
Answer:
The expected loss is
$6980
Step-by-step explanation:
From the question we are told that
The chance that a customer survives another year is p =0.96
The rate at which the policy is sold is r = $85 per month
The rate at which the policy is sold per year is R = $85 * 12 per year
= $1020 per year
The amount paid the the beneficiaries is
$200,000
The expected value of profit/loss for this company is mathematically represented as
![E = R -[ (1-p)*A]](https://tex.z-dn.net/?f=E%20%20%3D%20%20R%20-%5B%20%281-p%29%2AA%5D)
substituting values
![E = 1020 -[ (1-0.96)*200000]](https://tex.z-dn.net/?f=E%20%20%3D%20%201020%20-%5B%20%281-0.96%29%2A200000%5D)

- $6980
The negative sign shows that it is a loss