In: Statistics and Probability
A Student is trying to calculate their final grade. The student
estimates the their performance on the following table.
You must complete the table to receive any marks. (Use at least
five decimals when necessary)
Category | Mark out of 100 | Proportion of Grade |
Assignment | 71 | 0.22 |
Quizzes | 85 | |
Midterms | 32.5 | 0.22 |
Final | 31 | 0.39 |
(a) What is the expected grade?
answer:
(b) What is the standard deviation of expected grade?
answer:
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%
(c) If a student expects to earn an additional $ 16.5 per year for each % point they scored on their final grade, and there was a cost of $ 400 for school fees, plus $ 650 for tuition. What is the expected profit from this course in their first year of work?
answer: