Susan Puts $125 into an Account and One Year Later

question 181

Multiple Choice

Susan puts $125 into an account and one year later has $135;what was the interest rate?

• A)5 percent
• B)7 percent
• C)8 percent
• D)10 percent

---

Definitions:

SSE

The Sum of Squared Errors represents the difference between observed data points and the values predicted by a model.

SST

In statistics, refers to the Total Sum of Squares, which is a measure of the total variability within a dataset.

Coefficient Of Determination

A statistical measure expressed as a percentage that describes the proportion of variation in the dependent variable explained by the independent variable(s).

Weak Correlation

A statistical relationship between two variables that indicates a slight linear association, usually represented by a correlation coefficient close to zero.