-What Is the Grand Mean for the Data Given Above

question 3

Multiple Choice

$$\begin{array} { l } \text { A vending machine company wants to check three of its machines to determine if they are properly dispensing 12 ounces of cofee . The data are given below . } \\\end{array}$$

$\begin{array}{ccc}\hline \text { Machime A } & \text { Machune B } & \text { Machúe } \mathrm{C} \\\hline 11.8 & 11.7 & 12.2 \\12.1 & 11.9 & 12.1 \\12.0 & 11.7 & 12.0 \\11.9 & 11.8 & 11.9 \\12.1 & 120 & 12.2 \\\hline\end{array}$
-What is the grand mean for the data given above?

• A) 12.08
• B) 11.96
• C) 11.82
• D) 11.85

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Definitions:

Ledger

A book or other collection of financial accounts of a particular type or for a specific purpose in accounting.

Journal

A formal record where all financial transactions of a business are initially recorded, date-wise, before being posted to the general ledger.

Trial Balance

A statement that lists all the balances of the general ledger accounts of a business at a particular time to check the correctness of double-entry bookkeeping.

Ledger Balance

The total balance of all accounts in a ledger at a particular point in time, reflecting the current financial position.