If You Put $250 into an Account with a 4

question 172

Multiple Choice

If you put $250 into an account with a 4 percent interest rate,how many years would you have to wait to have $432.92?

• A)10
• B)14
• C)17
• D)20

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Definitions:

Correlation

A gauge that measures the intensity of the relationship between two or more variables as they vary together.

Variability

The extent to which data points in a statistical distribution or data set diverge from the average or mean value.

Range

The difference between the highest and lowest scores in a set of data.

Standard Deviation

A measure of the amount of variability or dispersion of a set of data values, indicating how much variation there is from the average (mean).