With an initial deposit of 200 dollars, the balance in a bank account after t years is f(t) = 200(1.05)' dollars. 1. What are the units of the rate of change of f(t) Dollars 2. Find the average rate of change over [0, 1] Years Dollars/year Years/dollar

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.