Percents Can Be Averaged Without the Percentage Being Weighted by the Size

question 58

True/False

Percents can be averaged without the percentage being weighted by the size of the sample responding to the question.

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Definitions:

Excel

A spreadsheet program created by Microsoft that allows users to organize, format, and calculate data with formulas using a system of cells arranged in rows and columns.

Calculation

The process of determining a result numerically, often involving mathematical operations and formulas.

Present Value Factor

A multiplier used to determine the present value of a future cash flow, considering the time value of money.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually.