Answered: Calculate score if midterm scores 83…

Business

Accounting

Calculate score if midterm scores 83 and final is 95 midterm weight is 40% and final is 60%•

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Calculate score if midterm scores 83 and final is 95 midterm weight is 40% and final is 60%•

Expert Solution

Step 1Basic Information

The weighted Average method is used to calculate the score. Under this method, weights are assigned and then the scores are multiplied by the scores and then are added to arrive at the final score. It is calculated with the help of following formula

Final Scoŕe = Individual score × weight Assigned

Step by step

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