What Is the Mean of These Scores: 2, 4, 5

question 11

Multiple Choice

What is the mean of these scores: 2, 4, 5, 4, 4, 1, 1?

• A)3
• B)4
• C)7
• D)21

---

Definitions:

Breakeven Point Graph

A visual representation used in financial analysis that shows the point at which total costs and total revenues are equal, indicating no net loss or gain.

Fixed-Costs Line

Represents the expenses that do not change in total regardless of the level of production or sales activity.

Markup Pricing

A pricing strategy where a fixed percentage is added to the cost of a product to determine its selling price.

Target-Return Pricing

Involves setting the price of a product based on the expected return on investment (ROI), aiming to meet a predefined profit goal.