Solve the Problem $\sum _ { \mathrm { i } = 1 } ^ { 4 } \mathrm { a } _ { \mathrm { i } }$

question 113

Multiple Choice

Solve the problem.
-The finite sequence whose general term is an = 0.13n² - 1.09n + 7.03, where n = 1, 2, 3, . . ., 9 models the total operating costs, in millions of dollars, for a company for nine consecutive years. Find $\sum _ { \mathrm { i } = 1 } ^ { 4 } \mathrm { a } _ { \mathrm { i } }$

• A) \(\$ 24.28\) million
• B) \$21.12 million
• C) \(\$ 30.35\) million
• D) \(\$ 25.95\) million

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Definitions:

Omnibus

An overarching term used to describe a single document or collection containing multiple individual items, often used in legal or legislative contexts.

ANOVA

Short for Analysis of Variance, a statistical method used to compare the means of three or more samples to understand if at least one of the sample means significantly differs from the others.

Level of Significance

The threshold below which a result is considered statistically significant, often denoted by alpha (α), commonly set at 0.05 or 5%.

F Statistic

A value calculated during the analysis of variance (ANOVA) used to determine whether the means of three or more groups are different.