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On a Recent Day During the Flu Season, the Midtown

question 12

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On a recent day during the flu season, the Midtown Medical Clinic saw many patients. Patients had theirtemperatures (in °F) taken. The distribution of temperatures is given below. Determine the mean temperatureof a sample of 100 patients.  Temperatures  Frequency 95.696.49196.597.39397.498.291998.399.192899.2100.0935100.1100.9912101.0101.892\begin{array} { | c | c | } \hline \text { Temperatures } & \text { Frequency } \\\hline 95.6 - 96.49 & 1 \\\hline 96.5 - 97.39 & 3 \\\hline 97.4 - 98.29 & 19 \\\hline 98.3 - 99.19 & 28 \\\hline 99.2 - 100.09 & 35 \\\hline 100.1 - 100.99 & 12 \\\hline 101.0 - 101.89 & 2 \\\hline\end{array}


Definitions:

Face Value

The nominal or original value printed on a security or financial instrument, such as a bond or stock certificate, indicating its worth at issuance.

Coupon Rate

The yearly interest yield on a bond, shown as a percentage of its nominal value, disbursed from the date of issuance to the date it matures.

Present Value

A calculation that determines the current value of an amount of money to be received in the future, discounted at a specific interest rate.

Yield To Maturity

Yield to maturity is the total return expected on a bond if the bond is held until it matures, including all interest payments and the repayment of par value.

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