Examlex
The following is a list of GPA ranges and frequencies from a high school. Use 1.5 as the midpoint of the 2.0 or less category. (See the Excel Data File.)
A) What is the mean GPA?
B) What is the sample standard deviation of the GPA?
C) Assuming the distribution is bell shaped what percentage of the students would have GPAs between 1.5 and 3.9? Does this make sense given what you know about GPAs?
Future Earnings
The projected income a person or company is expected to generate in the future.
Public Saving
The portion of the government's revenue that remains after accounting for government spending.
Private Saving
The portion of households' income that is not spent on consumption but saved for future use.
Loanable Funds
The sum of money available for borrowing, influenced by savings and investments, within an economy at any given time.
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