Which of the Following Functions Would You Use to Calculate

question 36

Multiple Choice

Which of the following functions would you use to calculate the arithmetic mean of a price list?

• A) MAX
• B) COUNT
• C) SUM
• D) AVERAGE

---

Definitions:

Error

A mistake in action, calculation, opinion, or judgment caused by poor reasoning, carelessness, or insufficient knowledge.

Judgment

The ability to make considered decisions or come to sensible conclusions based on a comprehensive analysis of available information.

Association Heuristic

A mental shortcut that relies on the immediate connections between two concepts or objects in the mind to make a decision or solve a problem.

Error

A mistake or discrepancy from accuracy or correctness in reasoning, action, or calculation.