Write the Word or Phrase
-Private Colleges and Universities Rely $77.1,41.6,248.6,497.2,119,173.9,108.5$

question 88

Multiple Choice

Write the word or phrase
-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 eight private colleges in the United States revealed the following endowments (in millions of dollars) : $77.1,41.6,248.6,497.2,119,173.9,108.5$ , and $212.4$ . What value will be used as the point estimate for the mean endowment of all private colleges in the United States?

• A) \(184.788\)
• B) \(1478.3\)
• C) \(211.186\)
• D) 8

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Definitions:

Boutique Hotel

A small and stylish hotel that offers personalized service and is often situated in a fashionable or unique setting.

Check Guests

The practice of verifying the identity and booking details of guests in hospitality settings such as hotels.

Attendance Policy

Guidelines or regulations set by an institution defining requirements for participants' presence at events, classes, or workplaces.

Registered Students

Individuals who have completed the enrollment process and are officially recognized by an educational institution as attending courses.