A report states the average selling price is almost $520,000. Which measure of center was most likely used for the report?
2 answers:
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Answer:
The number of ways is equal to
Step-by-step explanation:
The multiplication principle states that If a first experiment can happen in n1 ways, then a second experiment can happen in n2 ways ... and finally a i-experiment can happen in ni ways therefore the total ways in which the whole experiment can occur are
n1 x n2 x ... x ni
Also, given n-elements in which we want to put them in a row, the total ways to do this are n! that is n-factorial.
For example : We want to put 4 different objects in a row.
The total ways to do this are ways.
Using the multiplication principle and the n-factorial number :
The number of ways to put all 40 in a row for a picture, with all 12 sophomores on the left,all 8 juniors in the middle, and all 20 seniors on the right are : The total ways to put all 12 sophomores in a row multiply by the ways to put the 8 juniors in a row and finally multiply by the total ways to put all 20 senior in a row ⇒
Given :
A = 25000
P = 20000
r % = 9.6 % = 0.096
n = 12
To Find :
The time taken say t.
Solution :
We know, compound interest is given by :
Taking log both sides :
Hence, this is the required solution.