Much of the money in private colleges and universities is invested in a fund called an endowment. A recent survey of eight private colleges in the United States revealed the following endowments (in millions of dollars): 63, 55, 247, 480, 122, 165, 90, and 221. What value will be used as the point estimate for the mean endowment of all private colleges in the United States? Select one: O 189.230 O 180.375

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Much of the money in private colleges and universities is invested in a fund called an
endowment. A recent survey of eight private colleges in the United States revealed the
following endowments (in millions of dollars): 63, 55, 247, 480, 122, 165, 90, and 221. What
value will be used as the point estimate for the mean endowment of all private colleges in the
00
United States?
Select one:
O 189.230
O180.375
O206.71
O 144.692
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Transcribed Image Text:Much of the money in private colleges and universities is invested in a fund called an endowment. A recent survey of eight private colleges in the United States revealed the following endowments (in millions of dollars): 63, 55, 247, 480, 122, 165, 90, and 221. What value will be used as the point estimate for the mean endowment of all private colleges in the 00 United States? Select one: O 189.230 O180.375 O206.71 O 144.692 NEXT PAGE IOUS PAGE right © PUELC. All rights reserved. Date retention BLUmary are logged in as 201910155 Che (Log out)
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