A professor collected data on the number of absences in an introductory statistics class of 100 students over the course of a semester. The data are summarized below

Number of Absences 0 1 2 3 4 5 6
Number of Students 5 13 24 23 17 11 7
What is the weighted mean number of absences per semester?
A) 3.14
B) 2.0
C) 2.95
D) 3.07

C

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Annuity payments are taxable to the extent that they represent interest earned rather than capital returned. What method is used to determine the taxable portion of each payment?

A) Annuitization ratio B) Marginal tax formula C) Surtax ratio D) Exclusion ratio

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Simulation usually generates optimal solutions

Indicate whether the statement is true or false

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