TABLE 2-14 Given Below Is the Stem-And-Leaf Display Representing the Amount of Amount

question 104

Short Answer

TABLE 2-14
Given below is the stem-and-leaf display representing the amount of detergent used in gallons (with leaves in 10ths of gallons) in a month by 25 drive-through car wash operations in Phoenix.

-Referring to Table 2-14, if a percentage histogram for the detergent data is constructed, using "9.0 but less than 10.0 gallons" as the first class, what percentage of drive-through car wash operations use less than 12 gallons of detergent in a month?

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Definitions:

Nearest 0.01%

Adjusting a value so that it is close to an exact hundredth of a percent, enhancing precision.

Nearest 0.01%

An accuracy level in calculations where the result is rounded to the closest one-hundredth of a percent.

Equivalent Interest Rate

A rate that equates two or more interest arrangements by taking into account compounding periods and other terms.

Equivalent Interest Rate

An equivalent interest rate is the interest rate that equates to the compound interest over a different payment frequency, ensuring comparability among rates with different compounding periods.