Glencoe Math Accelerated, Student Edition
Glencoe Math Accelerated, Student Edition
1st Edition
ISBN: 9780076637980
Author: McGraw-Hill Glencoe
Publisher: MCG
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 10.3, Problem 18STP

a.

To determine

To find:Which fund should M choose and the mean absolute deviation for that fund.

a.

Expert Solution
Check Mark

Answer to Problem 18STP

M should not choose fund A and the mean absolute deviation of fund A is approximately 3 which is greater than fund B.

Explanation of Solution

Given:

M should invest in smaller mean absolute deviation of profits.

    Fund A 5% 11% 8% 2% 10%
    Fund B 9% 7% 5% 3% 7%

Calculation:

Mean for Fund A,

  mean=5+11+8+2+105mean=7.2

To find mean absolute deviation of Fund A,

  |57.2|=2.2|117.2|=3.8|87.2|=0.8|27.2|=5.2|107.2|=2.8Meanabsolutedeviation=2.2+3.8+0.8+5.2+2.85Meanabsolutedeviation3

The mean absolute deviation is approximately 3 for fund A and it is greater than fund B.

b.

To determine

To find: Which fund should M choose? What is the mean absolute deviation for that fund?

b.

Expert Solution
Check Mark

Answer to Problem 18STP

M should choose fund B and the mean absolute deviation of fund B is approximately 1.8 which is lesser than fund A.

Explanation of Solution

Given:

M should invest in smaller mean absolute deviation of profits.

    Fund A 5% 11% 8% 2% 10%
    Fund B 9% 7% 5% 3% 7%

Calculation:

Mean for Fund B,

  mean=9+7+5+3+75mean=6.2

To find mean absolute deviation of Fund B,

  |96.2|=2.8|76.2|=0.8|56.2|=1.2|36.2|=3.2|76.2|=0.8Meanabsolutedeviation=2.8+0.8+1.2+3.2+0.85Meanabsolutedeviation1.8

The mean absolute deviation is approximately 1.8 for fund B and it is lesser than fund A.

Chapter 10 Solutions

Glencoe Math Accelerated, Student Edition

Ch. 10.1 - Prob. 11IPCh. 10.1 - Prob. 12IPCh. 10.1 - Prob. 13IPCh. 10.1 - Prob. 14IPCh. 10.1 - Prob. 15IPCh. 10.1 - Prob. 16HPCh. 10.1 - Prob. 17HPCh. 10.1 - Prob. 18HPCh. 10.1 - Prob. 19HPCh. 10.1 - Prob. 20HPCh. 10.1 - Prob. 21HPCh. 10.1 - Prob. 22STPCh. 10.1 - Prob. 23STPCh. 10.1 - Prob. 24STPCh. 10.1 - Prob. 25STPCh. 10.1 - Prob. 26CCRCh. 10.1 - Prob. 27CCRCh. 10.1 - Prob. 28CCRCh. 10.1 - Prob. 29CCRCh. 10.1 - Prob. 30CCRCh. 10.1 - Prob. 31CCRCh. 10.1 - Prob. 32CCRCh. 10.1 - Prob. 33CCRCh. 10.1 - Prob. 34CCRCh. 10.1 - Prob. 35CCRCh. 10.2 - Prob. 1GPCh. 10.2 - Prob. 2GPCh. 10.2 - Prob. 3GPCh. 10.2 - Prob. 4IPCh. 10.2 - Prob. 5IPCh. 10.2 - Prob. 6IPCh. 10.2 - Prob. 7IPCh. 10.2 - Prob. 8IPCh. 10.2 - Prob. 9IPCh. 10.2 - Prob. 10IPCh. 10.2 - Prob. 11IPCh. 10.2 - Prob. 12HPCh. 10.2 - Prob. 13HPCh. 10.2 - Prob. 14HPCh. 10.2 - Prob. 15HPCh. 10.2 - Prob. 16HPCh. 10.2 - Prob. 17HPCh. 10.2 - Prob. 18STPCh. 10.2 - Prob. 19STPCh. 10.2 - Prob. 20STPCh. 10.2 - Prob. 21STPCh. 10.2 - Prob. 22CCRCh. 10.2 - Prob. 23CCRCh. 10.2 - Prob. 24CCRCh. 10.2 - Prob. 25CCRCh. 10.2 - Prob. 26CCRCh. 10.2 - Prob. 27CCRCh. 10.2 - Prob. 28CCRCh. 10.2 - Prob. 29CCRCh. 10.2 - Prob. 30CCRCh. 10.2 - Prob. 31CCRCh. 10.2 - Prob. 32CCRCh. 10.2 - Prob. 33CCRCh. 10.3 - Prob. 1GPCh. 10.3 - Prob. 2GPCh. 10.3 - Prob. 3IPCh. 10.3 - Prob. 4IPCh. 10.3 - Prob. 5IPCh. 10.3 - Prob. 6IPCh. 10.3 - Prob. 7IPCh. 10.3 - Prob. 8IPCh. 10.3 - Prob. 9IPCh. 10.3 - Prob. 10IPCh. 10.3 - Prob. 11HPCh. 10.3 - Prob. 12HPCh. 10.3 - Prob. 13HPCh. 10.3 - Prob. 14HPCh. 10.3 - Prob. 15STPCh. 10.3 - Prob. 16STPCh. 10.3 - Prob. 17STPCh. 10.3 - Prob. 18STPCh. 10.3 - Prob. 19CCRCh. 10.3 - Prob. 20CCRCh. 10.3 - Prob. 21CCRCh. 10.3 - Prob. 22CCRCh. 10.3 - Prob. 23CCRCh. 10.3 - Prob. 24CCRCh. 10.3 - Prob. 25CCRCh. 10.4 - Prob. 1GPCh. 10.4 - Prob. 2GPCh. 10.4 - Prob. 3IPCh. 10.4 - Prob. 4IPCh. 10.4 - Prob. 5IPCh. 10.4 - Prob. 6IPCh. 10.4 - Prob. 7IPCh. 10.4 - Prob. 8IPCh. 10.4 - Prob. 9IPCh. 10.4 - Prob. 10IPCh. 10.4 - Prob. 11HPCh. 10.4 - Prob. 12HPCh. 10.4 - Prob. 13HPCh. 10.4 - Prob. 14HPCh. 10.4 - Prob. 15STPCh. 10.4 - Prob. 16STPCh. 10.4 - Prob. 17CCRCh. 10.4 - Prob. 18CCRCh. 10.4 - Prob. 19CCRCh. 10.4 - Prob. 20CCRCh. 10.4 - Prob. 21CCRCh. 10.4 - Prob. 22CCRCh. 10.4 - Prob. 23CCRCh. 10.4 - Prob. 24CCRCh. 10.4 - Prob. 25CCRCh. 10.4 - Prob. 26CCRCh. 10.4 - Prob. 27CCRCh. 10.5 - Prob. 1GPCh. 10.5 - Prob. 2GPCh. 10.5 - Prob. 3GPCh. 10.5 - Prob. 4GPCh. 10.5 - Prob. 5IPCh. 10.5 - Prob. 6IPCh. 10.5 - Prob. 7IPCh. 10.5 - Prob. 8IPCh. 10.5 - Prob. 9IPCh. 10.5 - Prob. 10IPCh. 10.5 - Prob. 11IPCh. 10.5 - Prob. 12IPCh. 10.5 - Prob. 13IPCh. 10.5 - Prob. 14IPCh. 10.5 - Prob. 15IPCh. 10.5 - Prob. 16IPCh. 10.5 - Prob. 17HPCh. 10.5 - Prob. 18HPCh. 10.5 - Prob. 19HPCh. 10.5 - Prob. 20HPCh. 10.5 - Prob. 21STPCh. 10.5 - Prob. 22STPCh. 10.5 - Prob. 23STPCh. 10.5 - Prob. 24STPCh. 10.5 - Prob. 25CCRCh. 10.5 - Prob. 26CCRCh. 10.5 - Prob. 27CCRCh. 10.5 - Prob. 28CCRCh. 10.5 - Prob. 29CCRCh. 10.5 - Prob. 30CCRCh. 10.5 - Prob. 31CCRCh. 10.5 - Prob. 32CCRCh. 10.5 - Prob. 33CCRCh. 10.5 - Prob. 34CCRCh. 10.5 - Prob. 35CCRCh. 10.6 - Prob. 1GPCh. 10.6 - Prob. 2GPCh. 10.6 - Prob. 3GPCh. 10.6 - Prob. 4GPCh. 10.6 - Prob. 5GPCh. 10.6 - Prob. 6GPCh. 10.6 - Prob. 7GPCh. 10.6 - Prob. 8GPCh. 10.6 - Prob. 9GPCh. 10.6 - Prob. 10GPCh. 10.6 - Prob. 11GPCh. 10.6 - Prob. 12IPCh. 10.6 - Prob. 13IPCh. 10.6 - Prob. 14IPCh. 10.6 - Prob. 15IPCh. 10.6 - Prob. 16IPCh. 10.6 - Prob. 17IPCh. 10.6 - Prob. 18IPCh. 10.6 - Prob. 19IPCh. 10.6 - Prob. 20IPCh. 10.6 - Prob. 21IPCh. 10.6 - Prob. 22IPCh. 10.6 - Prob. 23IPCh. 10.6 - Prob. 24IPCh. 10.6 - Prob. 25IPCh. 10.6 - Prob. 26IPCh. 10.6 - Prob. 27IPCh. 10.6 - Prob. 28IPCh. 10.6 - Prob. 29IPCh. 10.6 - Prob. 30IPCh. 10.6 - Prob. 31IPCh. 10.6 - Prob. 32IPCh. 10.6 - Prob. 33IPCh. 10.6 - Prob. 34IPCh. 10.6 - Prob. 35IPCh. 10.6 - Prob. 36IPCh. 10.6 - Prob. 37IPCh. 10.6 - Prob. 38IPCh. 10.6 - Prob. 39IPCh. 10.6 - Prob. 40IPCh. 10.6 - Prob. 41HPCh. 10.6 - Prob. 42HPCh. 10.6 - Prob. 43HPCh. 10.6 - Prob. 44HPCh. 10.6 - Prob. 45STPCh. 10.6 - Prob. 46STPCh. 10.6 - Prob. 47STPCh. 10.6 - Prob. 48STPCh. 10.6 - Prob. 49CCRCh. 10.6 - Prob. 50CCRCh. 10.6 - Prob. 51CCRCh. 10.6 - Prob. 52CCRCh. 10.6 - Prob. 53CCRCh. 10.6 - Prob. 54CCRCh. 10.6 - Prob. 55CCRCh. 10.6 - Prob. 56CCRCh. 10.6 - Prob. 57CCRCh. 10.6 - Prob. 58CCRCh. 10.6 - Prob. 59CCRCh. 10.7 - Prob. 1GPCh. 10.7 - Prob. 2GPCh. 10.7 - Prob. 3GPCh. 10.7 - Prob. 4GPCh. 10.7 - Prob. 5IPCh. 10.7 - Prob. 6IPCh. 10.7 - Prob. 7IPCh. 10.7 - Prob. 8IPCh. 10.7 - Prob. 9IPCh. 10.7 - Prob. 10IPCh. 10.7 - Prob. 11IPCh. 10.7 - Prob. 12IPCh. 10.7 - Prob. 13IPCh. 10.7 - Prob. 14IPCh. 10.7 - Prob. 15HPCh. 10.7 - Prob. 16HPCh. 10.7 - Prob. 17HPCh. 10.7 - Prob. 18STPCh. 10.7 - Prob. 19STPCh. 10.7 - Prob. 20STPCh. 10.7 - Prob. 21STPCh. 10.7 - Prob. 22CCRCh. 10.7 - Prob. 23CCRCh. 10.7 - Prob. 24CCRCh. 10.7 - Prob. 25CCRCh. 10.7 - Prob. 26CCRCh. 10.7 - Prob. 27CCRCh. 10.7 - Prob. 28CCRCh. 10.7 - Prob. 29CCRCh. 10.7 - Prob. 30CCRCh. 10.7 - Prob. 31CCRCh. 10.7 - Prob. 32CCRCh. 10.7 - Prob. 33CCRCh. 10.7 - Prob. 34CCRCh. 10.7 - Prob. 35CCRCh. 10.7 - Prob. 36CCRCh. 10.7 - Prob. 37CCRCh. 10.7 - Prob. 38CCRCh. 10.8 - Prob. 1GPCh. 10.8 - Prob. 2GPCh. 10.8 - Prob. 3GPCh. 10.8 - Prob. 4GPCh. 10.8 - Prob. 5GPCh. 10.8 - Prob. 6IPCh. 10.8 - Prob. 7IPCh. 10.8 - Prob. 8IPCh. 10.8 - Prob. 9IPCh. 10.8 - Prob. 10IPCh. 10.8 - Prob. 11IPCh. 10.8 - Prob. 12IPCh. 10.8 - Prob. 13IPCh. 10.8 - Prob. 14IPCh. 10.8 - Prob. 15IPCh. 10.8 - Prob. 16IPCh. 10.8 - Prob. 17IPCh. 10.8 - Prob. 18HPCh. 10.8 - Prob. 19HPCh. 10.8 - Prob. 20HPCh. 10.8 - Prob. 21HPCh. 10.8 - Prob. 22HPCh. 10.8 - Prob. 23STPCh. 10.8 - Prob. 24STPCh. 10.8 - Prob. 25STPCh. 10.8 - Prob. 26STPCh. 10.8 - Prob. 27CCRCh. 10.8 - Prob. 28CCRCh. 10.8 - Prob. 29CCRCh. 10.8 - Prob. 30CCRCh. 10.8 - Prob. 31CCRCh. 10.8 - Prob. 32CCRCh. 10.8 - Prob. 33CCRCh. 10.8 - Prob. 34CCRCh. 10.8 - Prob. 35CCRCh. 10.8 - Prob. 36CCRCh. 10 - Prob. 1CRCh. 10 - Prob. 2CRCh. 10 - Prob. 3CRCh. 10 - Prob. 4CRCh. 10 - Prob. 5CRCh. 10 - Prob. 6CRCh. 10 - Prob. 7CRCh. 10 - Prob. 8CRCh. 10 - Prob. 9CRCh. 10 - Prob. 10CRCh. 10 - Prob. 11CRCh. 10 - Prob. 12CRCh. 10 - Prob. 13CRCh. 10 - Prob. 14CRCh. 10 - Prob. 15CRCh. 10 - Prob. 16CRCh. 10 - Prob. 17CRCh. 10 - Prob. 18CRCh. 10 - Prob. 19CRCh. 10 - Prob. 20CRCh. 10 - Prob. 21CRCh. 10 - Prob. 22CRCh. 10 - Prob. 23CRCh. 10 - Prob. 24CRCh. 10 - Prob. 25CRCh. 10 - Prob. 26CRCh. 10 - Prob. 27CRCh. 10 - Prob. 28CRCh. 10 - Prob. 29CRCh. 10 - Prob. 30CR
Knowledge Booster
Background pattern image
Calculus
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Calculus: Early Transcendentals
Calculus
ISBN:9781285741550
Author:James Stewart
Publisher:Cengage Learning
Text book image
Thomas' Calculus (14th Edition)
Calculus
ISBN:9780134438986
Author:Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:PEARSON
Text book image
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:9780134763644
Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:PEARSON
Text book image
Calculus: Early Transcendentals
Calculus
ISBN:9781319050740
Author:Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:W. H. Freeman
Text book image
Precalculus
Calculus
ISBN:9780135189405
Author:Michael Sullivan
Publisher:PEARSON
Text book image
Calculus: Early Transcendental Functions
Calculus
ISBN:9781337552516
Author:Ron Larson, Bruce H. Edwards
Publisher:Cengage Learning
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License