A panel of 50 economists was asked to predict the average prime interest rate for the upcoming year. The results of the survey follow:





Based on this survey, what does the panel expect the average prime interest rate to be next year?

a. E = 5.154

b. E = 5.374

c. E = 4.104

d. E = 5.724


a. E = 5.154

Mathematics

You might also like to view...

Use a finite approximation to estimate the area under the graph of the given function on the stated interval as instructed.f(x) = x2 between x = 0 and x = 3 using the midpoint sum with two rectangles of equal width.

A. 16.875 B. 8.4375 C. 12.5 D. 3.375

Mathematics

Express the following ratio as a fraction in lowest terms.The ratio of wins to games played if a baseball team wins 55 games and loses 30 games

A.
B.
C.
D.

Mathematics

Evaluate.2(x - y) and 2x - 2y when x = 17 and y = 4

A. 30, 30 B. 30, 26 C. 30, 17 D. 26, 26

Mathematics

Find the product.(x + 11)(x + 7)

A. x2 + 17x + 77 B. x2 + 18x + 77 C. x2 + 77x + 18 D. x2 + 18x + 18

Mathematics