Private Colleges and Universities Rely on Money Contributed by Individuals

question 68

Multiple Choice

Private colleges and universities rely on money contributed by individuals and corporations
For their operating expenses.Much of this money is put into a fund called an endowment, and
The college spends only the interest earned by the fund.A recent survey of 8 private colleges
In the United States revealed the following endowments (in millions of dollars) : 60.2, 47.0,235.1, 490.0, 122.6, 177.5, 95.4, and 220.0.What value will be used as the point estimate for
The mean endowment of all private colleges in the United States?

• A) $1,447.8
• B) $180.975
• C) $143.042
• D) $8

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Definitions:

Bottom-up Processing

A cognitive process that starts with information from the sensory input, building up to a final perception or understanding.

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An endeavor in the US focused on providing children from underprivileged backgrounds and their families with wide-ranging services in early childhood education, health, nutrition, and fostering parental participation.

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A distinctive way of talking and thinking that is typical in school but rarely encountered in everyday interactions in the community or home.