After Every Score in a Sample Is Multiplied by 3,the

question 76

Multiple Choice

After every score in a sample is multiplied by 3,the mean is calculated and found to be M = 21.What was the mean for the original scores?

• A)7
• B)21
• C)63
• D)Cannot be determined from the information given

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Definitions:

Profit Sharing

A compensation strategy where employees receive additional payments based on the company's profitability, beyond their standard salaries or wages.

Social Responsibility

The idea that businesses should balance profit-making activities with activities that benefit society; encompasses everything from charity work to reducing carbon footprints.

Management Report Card

An evaluative tool or document that assesses and summarizes the effectiveness and performance of a company's management team.

Financial Statements

Documents detailing the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.