The annual rate of inflation is given by the formula i = 1, where P1
is the initial price of an
item and pa is the final price of an item over a period of n years. In 1980, the average price of an ounce
of gold was $850. By 2011, the average price was $1,800. In this situation, what is n?
31
0.024
050
Meeting in General
OS

Which term best describes the association between variables a and b? no association a negative linear association a positive linear association a nonlinear association a scatterplot with an x axis labeled, variable a from zero to ten in increments of two and the y axis labeled, variable b from zero to one hundred forty in increments of twenty with fifteen points in a positive trend.