The Company Financial Officer Was Interested in the Average Cost

question 66

Multiple Choice

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months.A random sample of the price of 10 computers was taken with the following results: $3,250,$1,127,$2,995,$3,250,$3,445,$3,449,$1,482,$6,120,$3,009,$4,000 What is the mean?

• A)3447
• B)3213
• C)3250
• D)6120
• E)3445

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Definitions:

Strategy

A comprehensive plan or set of actions designed to achieve long-term goals or overall objectives, especially in business or military contexts.

Integrated

The process of combining or coordinating separate elements to work together as a unified whole, enhancing efficiency and effectiveness.

Externally-oriented

A focus or approach that prioritizes external factors, such as market trends and customer needs, over internal issues.

Mission

A statement or declaration of an organization's core purpose and focus that normally remains unchanged over time.