Randolph Is Taking Three Courses This Semester: Economics,statistics,and Finance

question 35

Multiple Choice

Randolph is taking three courses this semester: economics,statistics,and finance.He has decided to spend 20 hours per week studying (in addition to attending all his classes) and his objective is to maximize his average grade,which means maximizing the total of his grades in the three courses.The table shows Randolph's estimate of the relation between time spend studying and his grade for each course. Based on the above info,what is the maximum AVERAGE grade Randolph can earn if he studies 20 hours per week?

• A)80
• B)80.3
• C)82
• D)81.7

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Definitions:

Decentralized Authority

A system of management where decision-making power is distributed throughout various levels of the organization, rather than being concentrated at a central point.

Formal Rules

Officially established guidelines and procedures that are designed to govern behavior, processes, or operations within an organization.

Hierarchical System

A hierarchical system is an organizational structure where entities are ranked according to levels of authority, from highest to lowest.

Bureaucracy

An organizational structure characterized by standardized procedures, hierarchical divisions, and a clear set of rules and regulations to manage large organizations.