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Find the Weighted Average

question 41

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Find the weighted average.
-A student earned grades of B, B, A, C, and D. Those courses had these corresponding numbers of credit hours: 4, 5, 1, 5, 4. The grading system assigns quality points to letter grades as follows: A = 4, B = 3, C = 2, D = 1, and
F = 0. Compute the grade point average (GPA) and round the result to two decimal places.

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Definitions:

Free Market

An economic system where prices are determined by unrestricted competition between privately owned businesses, without excessive government control or intervention.

Externality

A consequence of an economic activity experienced by unrelated third parties; it can be either positive (beneficial) or negative (harmful).

Education's Benefit

Refers to the positive impacts of education on an individual's abilities, earning potential, and societal contributions.

Externality

A cost or benefit arising from an economic activity that affects third parties who did not choose to incur that cost or benefit.

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