In this exercise, we know some facts:
The problem tells us nothing about the number of minutes Elena read more than Lin. However, let's say Elena read one-third more than the number of minutes Lin read. Therefore:
<u>For Lin:</u>
<u>For Elena:</u>
Answer:
a) 5.5
b) None
Step-by-step explanation:
The given data set is {96,89,79,85,87,94,96,98}
First we must find the mean.
We now find the absolute value of the distance of each value from the mean.
This is called the absolute deviation
{}
{}
We now find the mean of the absolute deviations
The least absolute deviation is 1.5. This is not within one absolute deviation.
Therefore none of the data set is closer than one mean absolute deviation away from the mean.
Answer:
B. 10 months
Step-by-step explanation:
The balance on the loan will be ...
b = 1600 - 80t . . . . . . where t is the number of months of payments
The balance in the savings account will be ...
s = 500 + 25t
The savings account balance will be at least as much as the loan balance when ...
s ≥ b
500 +25t ≥ 1600 -80t . . . substitute the account balance expressions
105t ≥ 1100 . . . . . . . . . . . . add 80t -500
t ≥ 1100/105 ≈ 10.48 ≈ 10
It will take Josh 10 months to have enough savings to pay the loan in full.
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<em>Comment on rounding</em>
IMO, it makes no sense to round down, as Josh will NOT have enough in 10 months. He will have enough after he makes one more payment of $80. At 10 months, the loan balance is $50 more than the savings balance. It will be 11 months before there is enough savings to pay off the loan.
