The local team is competing for the league championship. The house odds Las Vegas gives them are (a) If you bet $20, and the local team won, how much money would you get back? (b) What is the probability they will win the championship?

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A: Given Information: Sample size (n) = 22  Mean (u) = 12 Standard deviation (s) = 5.4

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Rate of Change

The relation between two quantities which displays how much greater one quantity is than another is called ratio.

Slope

The change in the vertical distances is known as the rise and the change in the horizontal distances is known as the run. So, the rise divided by run is nothing but a slope value. It is calculated with simple algebraic equations as: