In the Above Example, the Mean Is Also Equal To

question 8

Multiple Choice

In the above example, the mean is also equal to?

• A) The mode
• B) The probability of randomly drawing an accountant
• C) The median
• D) The probability of drawing a lawyer

---

Definitions:

Futures Price

The agreed-upon price for the future purchase or sale of an asset in a futures contract.

Profit

The financial gain made in a transaction or operation, calculated as total revenue minus total expenses.

April

The fourth month of the year in the Gregorian calendar, known for its spring season in the Northern Hemisphere and autumn in the Southern Hemisphere.

Contract Multiplier

A factor used to determine the cash value of each point of change in a futures or options contract, affecting the total contract value.