Find the Mean for the Given Sample Data $$\begin{array} { l l l l l l l } 16 & 11 & 4 & 9 & 5 & 2 & 8\end{array}$$

question 32

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.
-Andrew asked seven of his friends how many cousins they had. The results are listed below. Find the mean number of cousins. $$\begin{array} { l l l l l l l } 16 & 11 & 4 & 9 & 5 & 2 & 8\end{array}$$

• A) 9.4 cousins
• B) 9.2 cousins
• C) 7.9 cousins
• D) 7.4 cousins

Recognize the importance of management, fees, and expense ratios in mutual fund selection.

Understand the benefits and principles of diversification in mutual funds.

Identify the regulatory and informational documents associated with mutual funds.

Grasp the concept of managed funds vs. index funds.

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