Use the Following Sample Data for the Following Questions

question 11

Short Answer

Use the following sample data for the following questions. A study of physical
fitness tests for 12 randomly selected Pre-Medical students measured their exercise
capacity (in minutes). The following data resulted:

-Find the mean, the median, and the mode for the students' exercise capacity.

Understand the environmental and societal risks associated with technological and industrial advancements.

Identify the conditions necessary for technological advancements to profoundly impact society.

Acknowledge the dual motivations behind most technological research: military and profit.

Comprehend the complexities and potential ecological consequences of genetic engineering and biodiversity loss.

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at any given time.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, including regulating interest rates and managing the country's money supply.

Required Reserves

Funds that banks must hold in reserve and cannot lend out, either as cash in their vaults or as deposits with a central bank.

Excess Reserves

Excess reserves are the funds that banks hold over and above the required reserve ratio set by the central bank, representing additional liquidity that can be used for lending.