Hello!
I believe there are a total of 12 possible outcomes for this problem. Using simple math, you can just multiply 4 by 3 to get 12 possible outcomes but you can also get 12 outcomes by looking at the fact that since there are 3 plans in each of the 4 models, there are 12 ways that this could play out.
I hope this helps!
Answer:
x = -1, y = 1.5
Step-by-step explanation:
3x + 6y = 6 -----> x + 2y = 2
-3x + 2y = 6 -----> -3x + 2y = 6
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4x = -4
x = -1, y = 1.5
Answer:
The standard error of the mean is 0.02
Step-by-step explanation:
Here, we want to calculate the standard error of the mean.
Mathematically;
standard error of mean = SD/ √n
where SD is the standard deviation and n is the number of samples
From the question, SD = 0.22 and n = 121
Inserting this into the equation
Standard error of the mean = 0.22/√121
= 0.22/11 = 0.02
Answer: The monthly payments for a $5,000 loan would $146.51.
Step-by-step explanation: How it looks in the TVM Solver formula:
N = 36 ( 3 (years) x 12 (monthly payments) )
I% = 3.5%
PV = $5,000
PMT = 146.51 (or 146.08 if you choose BEGIN)
FV = 0
P/Y = 12 (months)
C/Y = (12 (months)
PMT: <u>END</u> | BEGIN
Answer:
decreasing
Step-by-step explanation:
"Increasing" means the graph is going up from left to right.
"Decreasing" means the graph is going down from left to right.
"Constant" means the graph is "flat" (this is not a technical term) it is keeping the same y value, neither going up nor going down.
What can be super confusing is the
(2.2, 5) mentioned in the question. THIS IS NOT A POINT. It is an interval and points and intervals unfortunately have the same notation sometimes.
An "interval" is a section of the graph, here: FROM 2.2 not including 2.2, TO 5 not including 5. These are like the address on the x-axis. If you look at your graph at 2.2 on the x-axis, it is a peak(relative maximum) and it goes down to the right to where x is 5 where it bottoms out (relative minimum) So on that interval, from 2.2 to 5, the graph is DECREASING.
