The Following Frequency Distribution Analyzes the Scores on a Math

question 111

Multiple Choice

The following frequency distribution analyzes the scores on a math test. Find the class midpoint of scores interval 40-59. $$\begin{array} { | c c } \hline \text { Scores } & \text { Number of students } \\\hline 40 - 59 & 2 \\60 - 75 & 4 \\76 - 82 & 6 \\83 - 94 & 15 \\95 - 99 & 5 \\\hline\end{array}$$

• A) 50.5
• B) 49.5
• C) 48.5
• D) 49.0

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Definitions:

Average Rate of Return

A measure of the profitability of an investment, calculated as the average annual profit returned on an investment, expressed as a percentage of the initial investment cost.

Total Net Income

The total amount of earnings left over for a business after all expenses have been deducted from total revenues.

Present Value Factor

A coefficient used to calculate the present value of a future amount of money or stream of cash flows, based on a specific discount rate.

Cash Payback Period

Cash Payback Period is the amount of time it takes for an investment to generate enough cash flows to recover its initial cost.