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You Can Enter a Formula with the AVERAGE, COUNT, MAX

question 2

Multiple Choice

You can enter a formula with the AVERAGE, COUNT, MAX, or MIN function in a selected cell by clicking the Sum button arrow in the ____ group on the Home tab, clicking the function name, selecting the appropriate range, and then pressing the Enter key.

Definitions:

Output

The amount of something produced by a person, machine, or industry.

Function

A mathematical relation in which each element of a domain is associated with exactly one element of a range.

Production Function

An equation or graph that represents the maximum output that can be produced with a given set of inputs, showing the relationship between input and output levels in the production process.

Factors Of Production

The inputs used in the production of goods or services in the attempt to make an economic profit, including land, labor, capital, and entrepreneurship.