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The times, in seconds, for a 100-meter dash at a college track meet were 11.00, 10.76, 11.09, 11.50, 10.80, 11.43, 11.22, 11.15, 11.06, and 11.28.
a. Calculate the mean time for the 100-meter dash.
b. Calculate the median time for the 100-meter dash.
Proprietorship
A business owned and run by one individual, where there is no legal distinction between the owner and the business.
Corporation
A legal entity separate from its owners that is authorized to conduct business, own assets, incur liabilities, and pay taxes.
Limited Liability
A legal structure that limits the personal financial risk of the business owners, protecting their personal assets from the debts and liabilities of the business.
Sole Proprietorship
A business owned and operated by a single individual, with no distinction between the business and the owner.
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