% change = (new value - old value)/old valu x 100 = (1,045 - 950)/950 x 100 = 95/950 x 100 = 0.1 x 100 = 10%
Answer:
First you need to state the equation that represents the function.
Investment is $200 and interest rate is 5%, y is the amount of money after x periods.
Note that after 1 period the amount of money is 200 plus 5% interest, which is 200 + 5%(200) = 200 (1 +5%) = 200 (1 + 0.05) = 200 (1.05)
After 2 periods the amount is 200(1.05)*(1.05) = 200 (1.05)^2
After 3 periods the amount is 200 (1.05)^3
And now you can deduce that after x periods y = 200 (1.05)^x
You can then analyze the function to predict the shape and critical points of the graph.
The answers are based in the initial value and the increasing factor.
The initial value is when x = 0, which yields to y = 200 (1.05)^0 = 200*1 = 200
And the increasing factor is 1.05 because any value is the previos one times 1.05.
Step-by-step explanation:
Answer:
Critical value t-score=2.701.
Step-by-step explanation:
When we calculate a confidence interval with an unknown population standard deviation, we estimate it from the sample standard deviation and use the t-score instead of the z-score.
The critical value for t depends on the level of confidence and the degrees of freedom.
If the sample size is 42, the degrees of freedom are:
For a confidence level of 99% and 41 degrees of freedom, the critical value of t is t=2.701.
Answer:
<u>Janisa found that home health care is the fastest-growing occupation and services for the elderly is the fastest growing industry, while Rylan found that elementary and secondary school teaching are the occupations with the highest employment and retail sales is the industry with the highest employment. </u>
<u>Explanation:</u>
We make this conclusion because when we look at all the other options none matches the definition of occupations and industries. However, if Janisa found that home health care is the fastest-growing<u> occupation</u>, and then services for the elderly are the fastest growing <u>industry,</u> it matches what we know an industry and occupation mean.
While, if Rylan found that elementary and secondary school teaching are the occupations with the highest employment, it matches an example of occupation also, and if he discovers that retail sales is the industry with the highest employment it also falls under industry types.
However, the other options mismatched industry examples for occupations.
