Answer:
7 and 12
Step-by-step explanation:
Answer:
No, equivalent quarterly rate will be approx 1.75%
Step-by-step explanation:
Given that Chan deposited money into his retirement account that is compounded annually at an interest rate of 7%.
We know that there are 4 quarters in 1 year.
So to find that equivalent quarterly we will divide given yearly rate by number of quarters.
That means divide 7% by 4.
which gives 1.75%.
But that is different than Chan's though of 2% quarterly interest.
Hence Chan is wrong.
It shoul be the third one.
The equations are both in slope intercept form, where y=mx+b and b is the y intercept. The y intercept for both equations should be 2 and the only graph with that is the third one.
Answer:
It's all explained below :)
Step-by-step explanation:
So first we need to go to a graphing calculator! I usually use Desmos to do my stats stuff. You'll wanna head to their linear regression calculator (I can't add a link, but just google Desmos linear regresion and it'll pop up).
Put the points into the table. Lines of best fit have the equation y1 ~ bx1+a, so put that in the box right below the table, where you see another equation already written- just edit it. We see all the other numbers listed below that, so we know that b=-0.894 and a=13.599, so the line of best fit is -0.9x + 13.6 = y when you round those numbers.
The correlation coefficient is represented by the letter r. r is shown below as well, and is -0.964. Strong correlations are represented by a value close to the number 1, so this is strong, as it's very close. It is negative because of its sign. Correlation coefficients don't go over the number 1 or below -1, so be careful. I hope this was helpful! If you need any more clarification just let me know.
91,284 rounded to the nearest hundred thousands would be 100,000
That is because 91,284 is closer to 100,000 than it is to 0.
