On a Finance Exam,15 Accounting Majors Had an Average Grade

question 28

Multiple Choice

On a finance exam,15 accounting majors had an average grade of 90. On the same exam,7 marketing majors averaged 85,and 10 finance majors averaged 93. What is the weighted mean for all 32 students taking the exam?

• A)89.84
• B)89.33
• C)89.48
• D)10.67

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Definitions:

Rupees

The official currency of India, symbolized as INR, and used in financial transactions within the country.

Import

The act of bringing goods or services from a foreign country for sale or use.

Rugs

Rugs refer to floor coverings made from various materials, used for aesthetic or functional purposes.

Forward Rate

An interest rate or exchange rate agreed upon today for a transaction that will occur at a future date.