Statistics: Informed Decisions Using Data (4th Edition)

Published by Pearson
ISBN 10: 0321757270
ISBN 13: 978-0-32175-727-2

Chapter 2 - Section 2.3 - Assess Your Understanding - Vocabulary and Skill Building - Page 107: 12e

Answer

$17.65$%

Work Step by Step

The height of the points above 2009 are 850,000. That is the prize money awarded for men’s and ladies’ singles in 2009 was 850,000 pounds. The height of the points above 2010 are 1,000,000. That is the prize money awarded for men’s and ladies’ singles in 2010 was 1,000,000 pounds. The percent increase in prize money: $\frac{1,000,000-850,000}{850,000}\approx0.1765=17.65$%
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