Find the Standard Divisor for the Given Situation A) 2732
B) 28

question 61

Multiple Choice

Find the standard divisor for the given situation. Round your answer to two decimals.
-A university has 25 scholarships to be apportioned among the engineering students based on the Enrollment in each department. There are three departments - Mechanical Engineering (M) , Electrical Engineering (E) , and Civil Engineering (C) . The number of students in each department Is given in the following table. $$\begin{array} { l l l l } \hline \text { Department } & \text { M } & \text { E } & \text { C } \\\hline \text { Enrollment } & 233 & 297 & 153 \\\hline\end{array}$$

• A) 27.32
• B) 28.44
• C) 31.88
• D) 29.72

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Definitions:

Risk-Free Asset

An investment that is considered to have negligible risk of financial loss, typically government bonds of stable countries.

Capital Allocation Line

A line representing the risk-return trade-off of different portfolios, showing the highest expected return for a given level of risk.

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much the values differ from the mean of the set.