In Order to Improve the Grades of Students at UTC

question 3

Short Answer

In order to improve the grades of students at UTC, several incentive programs have been introduced. Results of random samples of grades from after and before the incentive programs are given below.
$\begin{array}{lcc}&\text { After Incentives }&\text { Before incentives }\\\text { Sample Size } & 14.00 & 12.00 \\\text { Sample Mean } & 2.85 & 2.61 \\\text { Sample Standard Deviation } & 0.40 & 0.35 \\\text { Sample Mode } & 2.50 & 3.00\end{array}$
a. Give the hypotheses.
b. Compute the test statistic.
c. At a 0.1 level of significance, test to determine whether the incentive programs have significantly increased the average grades.

Identify the components of a good life according to Aristotle.

Understand the importance of practical wisdom in applying virtue ethics.

Recognize the relevance of contemporary virtue theory and its inspirations.

Understand the basic concepts of virtues and vices in Aristotle's ethical theory.

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Definitions:

Average Variable Cost

The total variable costs of production divided by the quantity of output produced.

Total Variable Cost

The sum of expenses that vary directly with the level of production or sales volume.

Variable Costs

Costs that change in proportion to the level of activity or volume of production.

Fixed Costs

Costs that do not vary with the level of output or sales, such as rent, salaries, and insurance payments.