Answer: The mean income of the three people surveyed is $33,000.
The mean or average of a data set is nothing but the sum total of all the observations in a given set of data divided by the number of observations.
The formula for calculating the mean is:
where
is the mean or average
X₁ , X₂, X₃ .......Xn refers to the observations
N is the total number of observations
Substituting the values in the formula for mean we get,
Knowledge , pride and wisdom
Answer:
Check the following explanation
Explanation:
Features that facilitiate making investment in mutual funds are as follows:
Any interest, dividends and capital gains can be automatically reinvested.
As your objective change, you can easily swap shares of another mutual funds withing a mutual fund family.
A mutual fund can be inherited by a designated beneficiary without the need to be checked.
Answer - the best mutual funds to invest are usually
No load funds.
In no load funds the investor need not pay any amount in the form of commission or other charges while purchasing or selling the investments.
Answer- If we invest $2000 in a front end load with 8% interest rate then we will earn $1840 as $160( $2000 x 8%) will get deducted from the purchase amount and eventually reducing the investment size.
Answer- we should review and rebalance your mutual funds annually as if we do it too frequently it kight involve some costs and thus would turn out to be less profitable.
Answer- It shifts assets from moderate to more risky as the retirement age approaches because it will help in increasing the income of the investor when he retires as at retirement he or she might start withdrawing his or her money.
Answer:
1. Increase in number of orchards
2. Increase in housing prices
Explanation:
1. What effect is the new diet likely to have on the number of apple orchards within 100 miles of New York City?
There is going to be increased demand for apples due to this new diet and this increase in demand is going to bring about a hike in the price for apples. This price increase would make business to be viable for these apple farmers. More people would want to own orchards just to make money out of the boom in apples. Because apple farming now seems to be more profitable than other activities. <u><em>So this would cause the number of apple orchards that are within 100 miles of new york city to increase.</em></u>
2. What effect is the diet likely to have on housing prices in New York City?
- There would be an increase in housing prices in New york city as farmers would rather be planting apples on these lands instead of sellng them to developers for building houses. There would be a decrease in the supply of housing in New york.
Answer:Self-awareness can help improve your career because it makes it easier to understand how others see you. This is key for success. It's essential to be aware of the perceptions of higher-ups, of course, but it's also important to know how you come off when you're working in a leadership capacity.
Explanation: trust
