6, 3, 4, 7, 3, 7, 8, 5, 7 i. Find the median ii. Find the mean iii. Find the modal mark
1 answer:
Answer:
i. 6
ii.
iii. 7
Step-by-step explanation:
First organize the data from least to greatest. 3,3,4,5,6,7,7,7,8
To find the median, remove the extremes from the data over and over.
3,4,5,6,7,7,7
4,5,6,7,7
5,6,7
6
To find the mean, add all of the numbers and divide by 9
3+3+4+5+6+7+7+7+8=50
50/9=
To find the modal mark, simply find the number present most in the data set: 7(occurs 3 times)
Hope it helps <3
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Answer:
The GDP gap is 9 % when there is 4.5 % unemployment.
Step-by-step explanation:
The statement shows a reverse relationship, where an increase in unemployment is following by decrease in potential GDP and can be translated into the following rate:
The GDP gap at a given increase in unemployment can be estimated by the following expression:
Where:
- GDP gap-unemployment increase rate, dimensionless.
- Increase in unemployment rate, measured in percentage.
- GDP gap, measured in percentage.
If and
, the GDP gap is:
The GDP gap is 9 % when there is 4.5 % unemployment.