What Is the Value When Excel Calculate the Average of Three

question 45

Multiple Choice

What is the value when Excel calculate the average of three cells with values of 10, blank, and 8?

• A)6
• B)9
• C)10
• D)none; Excel cannot calculate an average in a range that includes a blank cell

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Definitions:

Repos

Short for repurchase agreements, a form of short-term borrowing for dealers in government securities.

Federal Funds

Funds in a bank’s reserve account at the Federal Reserve Bank.

SEC Registration

The process by which securities are registered with the Securities and Exchange Commission, a requirement for securities to be legally sold to the public in the United States.