2. To help decide the best loan option, Ed wants know the percent profit he will make each month
Part A
The cost to run the gym each month is $5,000. Find Eds total monthly
expenses for each loan option Enter this in Table B.
Table B
Repayment Average Total Monthly
Bank
Average Estimated
Period Monthly Sales
Expenses Monthly Profit Percent Profit
First 1 year $7.500
City 1 year $7,500
Star 1 year
$7,500
Part B
Ed expects to average $7,500 in sales per month the first year
Find Ed's average monthly profit. Explain how to find the monthly
profit. Then complete Table B.
Part
Complete Table B for the estimated percent profit. Explain how you
found the estimated percent profit.
3. Ed's goal is to make the most profit. Why does the highest percent profit
occur with the smallest annual interest rate? Explain

In this problem, we explore the effect on the standard deviation of multiplying each data value in a data set by the same constant. consider the data set 14, 6, 8, 15, 15. (a) use the defining formula, the computation formula, or a calculator to compute s. (round your answer to one decimal place.) s = 4.28 (b) multiply each data value by 3 to obtain the new data set 42, 18, 24, 45, 45. compute s. (round your answer to one decimal place.) s = 12.83 (c) compare the results of parts (a) and (b). in general, how does the standard deviation change if each data value is multiplied by a constant c? multiplying each data value by the same constant c results in the standard deviation remaining the same. multiplying each data value by the same constant c results in the standard deviation being |c| times as large. multiplying each data value by the same constant c results in the standard deviation increasing by c units. multiplying each data value by the same constant c results in the standard deviation being |c| times smaller. (d) you recorded the weekly distances you bicycled in miles and computed the standard deviation to be s = 3.8 miles. your friend wants to know the standard deviation in kilometers. do you need to redo all the calculations? yes no given 1 mile ≠1.6 kilometers, what is the standard deviation in kilometers? (enter your answer to two decimal places.)