Vocab #3

constant of proportionality

• The number k in the equation y=kx
• a decrease in the original price of an item
• money paid or earned for the use of money (I=prt)
• the increase from what a store pays to the selling price
• a probability based on repeated trials of an experiment

discount

• a decrease in the original price of an item
• The number k in the equation y=kx
• money paid or earned for the use of money (I=prt)
• the increase from what a store pays to the selling price
• a probability based on repeated trials of an experiment

interest

• money paid or earned for the use of money (I=prt)
• The number k in the equation y=kx
• a decrease in the original price of an item
• the increase from what a store pays to the selling price
• a probability based on repeated trials of an experiment

markup

• the increase from what a store pays to the selling price
• The number k in the equation y=kx
• a decrease in the original price of an item
• money paid or earned for the use of money (I=prt)
• a probability based on repeated trials of an experiment

experimental probability

• a probability based on repeated trials of an experiment

• The number k in the equation y=kx

• a decrease in the original price of an item

• a probability based on the number of favorable outcomes/number of possible outcomes (this can be written as a fraction, decimal or percent)

• an entire group of people or objects

theoretical probability

• a probability based on the number of favorable outcomes/number of possible outcomes (this can be written as a fraction, decimal or percent)

• money paid or earned for the use of money (I=prt)

• a probability based on repeated trials of an experiment

• an entire group of people or objects

• a part of a population

population

• an entire group of people or objects

• a decrease in the original price of an item

• a part of a population

• a sample that is not representative of a population (not fair)

• a sample that is representative of a population (fair)

sample

• a part of a population

• The number k in the equation y=kx

• a decrease in the original price of an item

• money paid or earned for the use of money (I=prt)

• the increase from what a store pays to the selling price

biased sample

• a sample that is not representative of a population (not fair)

• The number k in the equation y=kx

• a decrease in the original price of an item

• a sample that is representative of a population (fair)

• a probability based on repeated trials of an experiment

unbiased sample

• a sample that is representative of a population (fair)

• money paid or earned for the use of money (I=prt)

• the increase from what a store pays to the selling price

• a sample that is not representative of a population (not fair)

• an entire group of people or objects