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The college with the highest 2008 mean investment income per student e
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13 Oct 2024, 23:22
13 Oct 2024, 23:22
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Question Stats:
100% (01:32) correct
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The college with the highest 2008 mean investment income per student enrolled generates how much annual tuition income in 2008.
A. $190 million
B. $360 million
C. $450 million
D. $560 million
E. $620 million
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Re: The college with the highest 2008 mean investment income per student e
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17 Dec 2024, 10:23
17 Dec 2024, 10:23
Expert Reply
Mean investment income per student = (total investment income)/(# of students). The way to make a fraction as big as possible is to make the numerator as large as possible and the denominator as small as possible. Well, the college on the far left has the largest total investment income (the highest red dot) and the smallest student enrollment, so it must have the highest mean investment income per student. This college has a tuition income (green dot) of about $190M. Answer = (A).
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