The table shows data on the expenditures on recorded music and Internet service from 1994 through 1998. Expenditure on recorded music Year 1994 1995 1996 1997 1998 Expenditure on Internet services 6 11 17 26 32 (dollars per person) 56 57 57 55 56 The graph is a scatter diagram of the relationship between these two variables for the longer period: 1992 through 2003. Draw a point that identifies the data for 1996. This scatter diagram reveals that as expenditure on Internet service has increased, expenditure on recorded music has not changed

The table shows data on the expenditures on recorded music and Internet service from 1994 through 1998. Expenditure on recorded music Year 1994 1995 1996 1997 1998 Expenditure on Internet services 6 11 17 26 32 (dollars per person) 56 57 57 55 56 The graph is a scatter diagram of the relationship between these two variables for the longer period: 1992 through 2003. Draw a point that identifies the data for 1996. This scatter diagram reveals that as expenditure on Internet service has increased, expenditure on recorded music has not changed

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The following are the P/E ratios (price of stock divided by projected earnings per share) for 20 banks. 50, 19, 22, 21, 25, 18, 31, 21, 19, 14, 15, 18, 17, 34, 29, 23, 14, 18, 22, 22 Send data to calculator Find 20" and 75" percentiles for these ratios. (a) The 20th percentile: (b) The 75th percentile:| Continue Cip 40 4- %23 %24 3. 6. 7. R. 00 %24
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