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After Adding 6 Points to Every Score in a Sample,the

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After adding 6 points to every score in a sample,the new mean is found to be M = 18.The mean for the original sample was M = 24.


Definitions:

Investments

Assets or instruments acquired with the intention of generating income or appreciating in value over time.

Contract

A contract that is legally enforceable involving two or more parties.

Investments

Allocation of monetary resources with the intention of securing a return or profit.

Compounded Monthly

A method of calculating interest whereby the interest is added to the principal each month, and the following month's interest is calculated on the increased total.

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