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HH

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According to Chebysheff's Theorem,at least 93.75% of observations should fall within 4 standard deviations of the mean.

On Sep 24, 2024


True
HH

Answered

Deborah Erickson deposited $8,875 in a credit union, which pays an interest of 8% compounded quarterly. Compute the amount that Deborah will have in her account after 3 years. (Use Tables 16-1A&B or a calculator.)​

On Sep 22, 2024


0.08 ¸ 4 = 0.02; 3 ´ 4 = 12;
$8,875 ´ 1.26824 = $11,255.63 account balance