The Amount of Time (In Hours) That Sam Studied for an Exam

question 123

Multiple Choice

The amount of time (in hours) that Sam studied for an exam on each of the last five days is given below. Find the mean study time. $$\begin{array} { l l l l l } 1.5 & 8.3 & 6.9 & 1.8 & 5.3\end{array}$$

• A) 4.96 hr
• B) 23.80 hr
• C) 4.76 hr
• D) 5.45 hr

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Definitions:

Fair Insurance Policy

An insurance contract that is equitable, offering reasonable terms and conditions to all parties involved.

Uncertainty

Describes situations in which the outcomes, probabilities, or impacts of decisions or events are not known, prevalent in economics and finance.

Tuition

Tuition is the fee charged for instruction or teaching, typically paid to educational institutions for courses or degree programs.

Insurance

A financial product offering protection against potential future losses or damages in exchange for a premium.