# Question

What effect does the minimum amount have on the interest rate being offered on 3-month certificates of deposit (CDs)? The following are advertised rates of return, y, for a minimum deposit of $500, $1000, $2500, $5000, or $10,000, x. (Note that x is in $100 and y is annual percentage rate of return.)

a. Prepare a dotplot of the five sets of data using a common scale.

b. Prepare a 5-number summary and a boxplot of the five sets of data. Use the same scale for the boxplots.

c. Describe any differences you see among the three sets of data. If you are using a computer or calculator for Ex. 3.10, try the commands on pages 126.

a. Prepare a dotplot of the five sets of data using a common scale.

b. Prepare a 5-number summary and a boxplot of the five sets of data. Use the same scale for the boxplots.

c. Describe any differences you see among the three sets of data. If you are using a computer or calculator for Ex. 3.10, try the commands on pages 126.

## Answer to relevant Questions

Sugar cane growers are interested in the relationship between the total acres of sugar cane harvested and the total sugar cane production (tons) of those acres. The data listed here are for the 2007 crop from 14 randomly ...a. Verify the equation for these data: b. Verify this equation using formulas (3.2) and (3.6). a. Draw a scatter diagram showing height, x, and weight, y, for the Boston Bruins hockey team, using the data in Exercise 3.12. b. Draw a scatter diagram showing height, x, and weight, y, for the Edmonton Oilers hockey team ...Ronald Fisher, an English statistician (1890–1962), collected measurements for a sample of 150 irises. Of concern were five variables: species, petal width (PW), petal length (PL), sepal width (SW), and sepal length (SL) ...a. Use the scatter diagram you drew in Exercise 3.19 (p. 133) to estimate r for the sample data on the number of hours studied and the exam grade. b. Calculate r.Post your question

0