Questions from Financial Algebra

Q: A recent Internet survey showed per-day lodging expenses at Disney

A recent Internet survey showed per-day lodging expenses at Disney World in Orlando range from less than $100 for a campsite to more than $2,000 for a top luxury room. The cost-per-day average of the...

Q: International travel is usually more expensive than domestic travel. A recent

International travel is usually more expensive than domestic travel. A recent survey found that the average per-person cost of a 12-day international vacation is $1,755. This includes transportation,...

Q: A Caribbean resort has a nightly limbo contest on the beach.

A Caribbean resort has a nightly limbo contest on the beach. Participants must be less than 64 inches tall. The distribution of heights of adult American men is approximately normal with mean 69 inche...

Q: Airline fares can vary greatly, even from the same carrier within

Airline fares can vary greatly, even from the same carrier within the same day. The following are fares from New York to Burbank, CA, over the past week. $430, $567, $334, $701, $424, $555, $890, $455...

Q: Visitors to the Royal Ranch Golf Paradise shoot an average of 88

Visitors to the Royal Ranch Golf Paradise shoot an average of 88 on their 18-hole golf course. The standard deviation is 12. Visitors to the Glen Oaks Golf Resort shoot an average of 97 with a standar...

Q: A finance magazine did a survey and found that the average American

A finance magazine did a survey and found that the average American family spends $1,600 on a summer vacation. If the distribution is normal with standard deviation $411, find the amount a family woul...

Q: A recent survey by the American Automobile Association showed that a family

A recent survey by the American Automobile Association showed that a family of two adults and two children on vacation in the United States will pay an average of $247 per day for food and lodging wit...

Q: At the end of 2015, the U.S. Bureau

At the end of 2015, the U.S. Bureau of Economic Analysis posted the following data on the U.S. disposable personal income by month for the first 11 months of that year as indicated in this table: a. W...

Q: Back-to-school shopping is a very big business.

Back-to-school shopping is a very big business. Some may consider these expenses essential while others look at them as discretionary costs. However you look at it, the data of the average dollars spe...

Q: Which of the following scatter plots shows a correct line of best

Which of the following scatter plots shows a correct line of best fit?