A type of bar chart used to display the data from a frequency distribution is called a histogram.
Indicate whether the statement is true or false
Q. 2Narrative 11-2 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-2. The Davis's want to invest enough money today to be able to send their four-year old daughter to college when she reaches 18 years of age. They estimate they will need 80,000. How much must they invest today at 12 interest compounded semiannually in order to reach their goal?
Q. 3Descriptive statistics is the process of arriving to predictions, forecasts, or estimates based on the data under study.
Indicate whether the statement is true or false
Q. 4Narrative 11-2 Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Refer to Narrative 11-2. Roberta and John Sells would like to be able to buy a home in four years. They want to have 20,000 as a down payment. What amount must they invest today at 6 interest compounded monthly, in order to have 20,000 four years from now?
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