The following frequency distribution shows the yearly tuitions (in $1,000s) of a sample of private colleges. Yearly Tuition Frequency
12-16 5
17-21 4
22-26 3
27-31 2
For the above data, compute the mean yearly tuition.

19.714

Step-by-step explanation:

Given :

Yearly Tuition Frequency

12-16 5

17-21 4

22-26 3

27-31 2

We calculate the midpoint (x) = (lower + upper) / 2

The mean yearly tuition :

The midpoint (x) :

X ___ F ___ Fx

14 __ 5

19 __ 4

24 __ 3

29 __ 2

The mean = Σfx / Σf

Σfx / Σf = (14*5 + 19*4 + 24*3 + 29*2) / (5+4+3+2)

Mean = 276 / 14

Mean yearly tuition = 19.714

b: |12 – x| ≤ 0.25

step-by-step explanation:      

let x be the possible lengths in inches, of the ribbons jaime cut.

we have been given that jaime is cutting strips of ribbon for a project. he tries to cut each piece to be 12 inches long, but sometimes he cuts it too long or too short by as much as 0.25 inch.  

we can represent this information in an inequality as:

by the definition of absolute value function we will get,

upon combining our inequalities we will get,

therefore, the inequality   describes all the possible lengths (x), in inches, of the ribbons jaime cut.

step-by-step explanation:

soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368