Find the Mean for the Given Sample Data $$\begin{array} { l l l l l l l l l l l l } 1 & - 10 & 1 & - 9 & 17 & - 5 & 12 & 0 & 16 & - 4 & 18 & 7\end{array}$$

question 121

Multiple Choice

Find the mean for the given sample data. Unless indicated otherwise, round your answer to one more decimal place than is present in the original data values.
-Listed below are the amounts of weight change (in pounds) for 12 women during their first year of work after graduating from college. Positive values correspond to women who gained weight and negative values correspond to women who lost weight. What is the mean weight change?
$$\begin{array} { l l l l l l l l l l l l } 1 & - 10 & 1 & - 9 & 17 & - 5 & 12 & 0 & 16 & - 4 & 18 & 7\end{array}$$

• A) 1 lb
• B) 4 lb
• C) 8.3 lb
• D) 3.7 lb

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Definitions:

Fixed Asset

A durable, physical asset that a company possesses and employs in its business activities to produce revenue.

Salvage Value

Salvage value is the estimated residual value of an asset at the end of its useful life, indicating how much the asset can be sold for after it is no longer useful for its intended purpose.

Estimated Life

The expected period over which an asset will be useful in the operations of a business.

Units-Of-Output Method

A depreciation technique that allocates the cost of an asset based on its usage, work output, or units produced.