6 pencils÷ lamer+5 other friends=1.1 pencil for each person
Answer:
Package A
Step-by-step explanation:
Hello there!
The reason that package A is a better deal is beacause it goes down by a fixed rate, not by a percentage. If you get 15 carwashes, you will pay nothing for the 15th, but even if you washed your car 100 times with Package B, you would still pay something!
Have a great day!
The variable is Quantitative, has Interval level of measurement.
Variables which can be quantified & expressed numerically are Quantitative variables. Eg : as given , price
Variables which cant be qualified & expressed numerically are Qualitative variables. Eg : level of honesty, loyalty etc
Nominal & Ordinal are qualitative variables : signifying yes or no to a category (like men or women) , or ranks (x better than y) respectively. So price level is not such categorical & ordinal ratio.
Quantitative ratio variables are with reference to time , or are in forms of rate (like speed , growth per year). So, price level is not such ratio variable also.
Price is a quantitative variable, in which the ranking, its difference can be calculated. This is characteristic of a <u>Quantitative Interval Variable</u>.
Answer:
Plan A = 1000 dollars to be invested in an account that pays 100 dollars per year. (1000 + 100 = 1100 dollars in a year)
Plab B = 1000 dollars to be invested in an account that pays 5% interests per year (1000 * .05 = 50 => 1000 + 50 = 1050 dollars per year)
The correct answer is Plan A will be worth more than plan B after two years.
Step-by-step explanation:
Plan A = 1000 dollars to be invested in an account that pays 100 dollars per year. (1000 + 100 = 1100 dollars in a year)
Plab B = 1000 dollars to be invested in an account that pays 5% interests per year (1000 * .05 = 50 => 1000 + 50 = 1050 dollars per year)