Instruction 3-7
Given Below Is the Frequency Distribution of the 12-Month

question 141

Short Answer

Instruction 3-7
Given below is the frequency distribution of the 12-month rate of return achieved by 30 stocks.
$$\begin{array} { | c | c | } \hline \text { 12-month Rate of Return } & \text { Number of Funds } \\\hline - 0.10 \text { but less than } 0.0 & 3 \\\hline 0.0 \text { but less than } 0.1 & 5 \\\hline 0.1 \text { but less than } 0.2 & 6 \\\hline 0.2 \text { but less than } 0.3 & 10 \\\hline 0.3 \text { but less than } 0.4 & 6 \\\hline\end{array}$$
-Referring to Instruction 3-7,what is the approximate mean rate of return?

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Definitions:

Achievement Motive

A psychological construct that refers to an individual's desire to achieve success and demonstrate competence.

Achievement Motivation

A psychological factor that drives individuals to seek success and accomplishment in their endeavors.

Implicit Motives

Unconscious desires, preferences, or needs that influence an individual's behavior without their explicit awareness.

Projective Technique

A psychological assessment method in which individuals reveal their underlying motives, feelings, and attitudes through the interpretation of ambiguous stimuli.