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In modeling a simulation, random numbers from 00 to 99 are assigned with the intervals determined from frequency distributions for each behavior occurrence. Assume there are two behaviors, X and Y, out of 50 tallies. On Behavior X you record 20 tallies, and on Behavior Y you record 30 tallies. Which of the following is a correct random-number interval for Behavior X?
Simple Interest
Interest calculated only on the principal amount, or the initial amount of money borrowed or invested, without compounding.
GICs
A financial vehicle in Canada, Guaranteed Investment Certificates offer investors a set return rate over a defined period.
Simple Interest
Interest calculated on the principal or original amount of a loan or investment, without compounding.
GICs
Guaranteed Investment Certificates (GICs) are Canadian investment vehicles offering a guaranteed rate of return over a fixed period of time.
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