A Sample Has a Mean of M = 86

question 60

Multiple Choice

A sample has a mean of M = 86.If one new person is added to the sample,and ΣX is unchanged,what effect will the addition have on the sample mean?​

• A)​The sample mean will increase a little.
• B)​The sample mean will decrease.
• C)​The sample mean will remain the same.
• D)​The sample mean will increase substantially.

---

Definitions:

Short-term Financial

Refers to the aspect of finance that deals with assets and liabilities which are expected to be turned into cash or paid within a year.

Long-term Goal

An objective or aim that is planned to be achieved over an extended period, typically over a year, focusing on significant achievements for the future.

Integrated Performance

The comprehensive assessment of all aspects of performance, including financial, operational, and strategic dimensions, in an organization.

Balanced Scorecard

A strategic planning and management system that is used by organizations to communicate what they are trying to accomplish, align the day-to-day work that everyone is doing with strategy, prioritize projects, products, and services, and measure and monitor progress towards strategic targets.