Students in Professor Smith's Business Statistics Course Have Evaluated the Overall

question 83

Multiple Choice

Students in Professor Smith's business statistics course have evaluated the overall effectiveness of the professor's instruction on a five-point scale,where a score of 1 indicates very poor performance and a score of 5 indicates outstanding performance.The raw scores are displayed in the accompanying table. What percentage of students gave professor Smith an evaluation higher than 3?

• A) 20%
• B) 30%
• C) 50%
• D) 80%

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Definitions:

Long Run

A period in economics sufficient for all adjustments to be made, including physical capital and not just prices.

Licenses

Official permits to own or do something, typically issued by a government authority.

Central Park

A large urban park in New York City, known for its lush landscapes, walking paths, and cultural attractions.

Price Difference

The disparity in the cost between two or more goods or services.