Answer:
A) Proportion.
Step-by-step explanation:
The distribution of sample proportions leads or may tends to approximate a normal distribution and is an unbiased estimator that has a graph that is usually distributed and is not skewed. In other words, simply, we can also say that the population proportion is basically defined to be as the mean of the sample proportion. The population proportion is basically equaled the expected value of the sample proportion.
If the budget is $200 and he have 15 members then we have divide the two. 200 / 15 = $13.33 per shorts. 15x =< $200. x represents 13.33. So the solution represents the coach may spend up to $13.33 per pair of shorts. If it was even 1 cent more than $13.33 than he wouldn't have enough.So he can spend up to $13.33 or less per pair of shorts.
Answer: the total amount that you can earn in 15 years is $737245. Option C
Step-by-step explanation:
You receive an annual salary of $32,900 and each year, you are assured of a 5.5% raise. Assuming there was no raise, you get 100% of your previous salary each year. With a raise of 5.5%, you will get 100 + 5.5 = 105.5% of your previous salary for each year. This is a geometric progression and we want to determine the sum of 15 terms(15 years).
The formula for the sum of terms in a geometric progression is
Sn = [a(r^n - 1)]/ r - 1
Sn = sum of n terms
a = the first term
n = number of terms
r = common ratio
From the information given,
a = 32900
n = 15
r = 105.5/100 = 1.055
S15 = [32900(1.055^15 - 1)] / 1.055 - 1
S15 = [32900(2.23247649 - 1)] / 0.055
S15 = 32900 × 1.23247649) / 0.055
S15 = 737245.0277
S15 = $737245
