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COGNITIVE ASSESSMENT You Received a New Portable Media Player for Your

question 9

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COGNITIVE ASSESSMENT You received a new portable media player for your birthday. It is less than ideal as a gift, however, because you were hoping to do something with it, and it is not something you can do with the player. What is that thing you were hoping to do?


Definitions:

Relative Frequency

The ratio of the number of times a specific value or event occurs to the total number of occurrences in a given dataset.

Population

The entire group of individuals or instances about whom the research is concerned.

Expected Value

The weighted average of all possible values a random variable can take on, with the weights being the probabilities of each outcome.

Loan Applications

Formal requests submitted by individuals or businesses to borrow money from financial institutions.

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