The sample data below shows the number of hours spent by five students over the weekend to prepare for Monday's Business Statist
ics exam. 3 12 2 3 5(See the Excel Data File.) The 75 th percentile of the data is the closest to ________.g
1 answer:
Answer:
8.5 hrs
Step-by-step explanation:
-A 75th percentile mathematically means that 75% of the time data points are below that value and 25% of the time are above that value.
-We plot the given our data {3 12 2 3 5} to determine the 75th percentile
#We can use to plot our boxplot.
-From the plot, we find our 75th percentile to be 8.5 hrs
Hence, 75% of the time the number of hours spent to prepare was less than 8.5hrs.
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Answer:
$103968.11.
Step-by-step explanation:
Given information:
Principal amount = $240,000
Rate of interest = 1.2% = 0.012
Number of years = 30
Number of times in an year = 24
Formula for amount:
where,
P is principal, r is rate of interest, t is number of years, n is number of times interest compounded in a year.
Now,
Hence, the interest is $103968.11.