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Answer :
This question deals with calculating various measures in statistics including weighted mean scores, mean daily balance, mean scores for different student majors, mean of frequency distribution, and midrange of car mileages. Detailed explanations and steps to calculate these measures are provided.
The subject of these questions is Statistics, specifically dealing with weighted mean scores, mean daily balance, mean scores of different majors, mean of frequency distribution, and midrange of car mileages.
A weighted mean is calculated by multiplying each number by its weight and then summing these values up. For the student's scores, multiply each score by the percent it contributes to the final grade, sum those up, then divide by 100 to get the weighted mean.
The mean daily balance of an account is found by multiplying each balance by the number of days it was held, summing these up, and then dividing by the total number of days in the period.
In the case of the mean scores of different majors, multiply each mean score by the number of students in each major, sum these, and divide by the total number of students.
The Mean of frequency distribution involves multiplying each midrange value of the group by its frequency, then summing and dividing by the total frequency.
Lastly, the midrange of car mileages is the average of the highest and lowest mileage which is appealing for manufacturers whose cars had the highest lowest mileage, meaning their range of mileage is less extreme and more consistent.
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