2) Stampy the Elephant and Pixie the Mouse buy a new house for $450,000. Their home appreciates 1.5% every year. a) Write an exponential function to model the home's value over time. b) How much is their house worth after 30 years?

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A: In each half life , amount becomes half of the previous one. It means that, after each half life the…

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A:

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A: Formula used:The simply annual compound interest formula

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A: Recall: Compound interest Formula:                 A=P(1+rn)nt ; where A- Amount after t years…

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A:

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A: Points (0,256), (10,304)

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A: Interest compounded annually is calculated by the formulas, A=P1+r100t…

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A:

Q: What rate of interest compounded annually is required to double an investment in 3 years?

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A:

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A:

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A: See the attachment

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A: topic - exponential function

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A:

Q: Define, in a practical sense, what is meant by exponential service time.

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Q: How much money should be invested in an account that earns 6% interest,  compounded monthly, in…

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Q: You deposit $4000 in an account earning 7% interest compounded continuously. How much will you have…

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Q: You deposit $6000 in an account earning 7% interest compounded continuously. How much will you have…

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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.