The Grades on a Statistics Exam for a Sample of Students

question 36

Multiple Choice

The grades on a statistics exam for a sample of students are as follows: If A+ = 90%-100%
A = 80%-89%
B+ = 75%-79%
B = 70%-74%
C+ = 65%-69%
C = 60%-64%
D+ = 55%-59%
D = 50%-54%
F = 0-49%
What is the most common letter grade earned?

• A) A (80%-89%)
• B) B (70%-74%)
• C) C (60%-64%)
• D) D (50%-54%)
• E) F (0-49%)

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Definitions:

Producing

The process of creating goods or services that can be sold or used, often involving raw materials, labor, and machinery.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs.

Unattainable

Refers to goals, objects, or conditions that cannot be achieved or reached, often due to existing limitations.

Full Employment

A situation in an economy in which all who are willing and able to work at prevailing wage rates are employed.