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Question 1
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The following table supplies data of the inflation rate and the corresponding prime lending rate during the same time period.
Inflation rate (%) Prime rate (%)
x y
3,3 5,2
6,2 8,0
11,0 10,8
9,1 7,9
5,8 6,8
6,5 6,9
7,6 9,0
The correlation coefficient to three decimal places, is
a. −0,908.
b. +0,908.
c. +0,546.
d. +0,495.
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,DSC1630 - Assessment 5 (page 2 of 15) https://cems.myexams.unisa.ac.za/mod/quiz/attempt.php?attempt=37
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Question 2
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Monthly payments of R1 200 are paid into an account earning 7,75% interest per year, compounded quarterly. The accumulated amount rounded to the
nearest hundred rand after 10 years is
a. R291 100.
b. R144 000.
c. R215 900.
d. R216 500.
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