The Students in Hugh Logan's Math Class Took the Scholastic $$\begin{array} { l l l l l } 516 & 608 & 356 & 352 & 496 \\349 & 350 & 525 & 470 & 482\end{array}$$

question 24

Multiple Choice

The students in Hugh Logan's math class took the Scholastic Aptitude Test. Their math scores are shown below. Find the mean score. $$\begin{array} { l l l l l } 516 & 608 & 356 & 352 & 496 \\349 & 350 & 525 & 470 & 482\end{array}$$

• A) 459.6
• B) 450.4
• C) 476.0
• D) 441.6

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Definitions:

Salary Increase

The process of raising an employee's pay rate, typically as recognition for job performance, inflation adjustments, or promotion.

Probability

A quantitative assessment of an event's chances of happening, with values from 0 to 1 indicating the likelihood.

Utility Function

(Of an individual) the total utility generated by an individual’s consumption bundle.

Risk-Averse

A characteristic of individuals who prefer certain outcomes over others with equal or potentially higher expected returns but with more uncertainty.