Answer:
The histogram of the data is attached below.
Step-by-step explanation:
A histogram is a demonstration of statistical data that uses bars to illustrate the incidence of data values in successive numerical intervals of same size. In the most basic form of histogram, the independent variable is marked along the x-axis and the dependent variable is marked along the y-axis.
The data provided is:
X Frequency
1 12
2 3
3 7
4 9
5 18
6 14
The histogram of the data is attached below.
Answer:
Step-by-step explanation:
A). An investment account earns 2.8% simple interest.
Since investment amount increases every year linearly, therefore, the modeled situation represents a LINEAR FUNCTION.
B). The price of a stock varies by 2.8% each week.
Since price of the stock may increase or decrease every week, therefore, this situation can't be modeled by any function.
Therefore, the answer is NEITHER.
C). An investment account earns 2.8% compound interest, compounded monthly.
Formula to get the value of the final amount in the account is,
Final value = Initial value ×
Here 't' = Duration of investment
It's an EXPONENTIAL FUNCTION.