A Survey of Salary Increases Received During a Recent Year

question 18

Multiple Choice

A survey of salary increases received during a recent year by 44 working MBA students is shown.Find the approximate mean percent raise.

• A) 6.56
• B) 6.74
• C) 5.90
• D) 6.39

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Definitions:

U-Shaped Valley

A type of valley formed by the action of glaciers, characterized by its U-shaped cross-section, unlike the V-shaped valleys formed by rivers.

Cirque

A bowl-shaped, steep-walled mountain basin carved by glaciation, often serving as the birthplace of a glacier.

Moraine

Sediment carried by and deposited by a glacier; also refers to the resulting landform.

U-Shaped Valleys

Valleys characterized by steep sides and a rounded bottom, formed by the erosion of mountain glaciers.