What Is the Value of ΣX² for the Scores 1,0,2,4

question 23

Multiple Choice

What is the value of ΣX² for the scores 1,0,2,4?

• A)14
• B)21
• C)28
• D)49

---

Definitions:

Private Saving

The amount of income that households save after accounting for their spending and taxes.

Investment

The allocation of resources, usually financial, into assets or projects expected to yield future profits or revenue.

Debt Finance

Raising capital through the borrowing of funds to be paid back at a later date, often with interest.

Equity Finance

A method of raising capital by selling company shares to investors, in exchange for ownership interest.