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): 88, 55, 249, 495, 114, 189, 98 and 220. What value will be used as the point estimate for the mean endowment of all private colleges in the United States?

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Question 3
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
Not yet answered
Marked out of 2.00
of dollars): 88, 55, 249, 495, 114, 189, 98 and 220. What value will be
Flag question
used as the point estimate for the mean endowment of all private
colleges in the United States?
Select one:
O 180.21
O 188.5
O 200.5
O151.115
Transcribed Image Text:Ims.uop.edu.jo/moodle Question 3 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 Not yet answered Marked out of 2.00 of dollars): 88, 55, 249, 495, 114, 189, 98 and 220. What value will be Flag question used as the point estimate for the mean endowment of all private colleges in the United States? Select one: O 180.21 O 188.5 O 200.5 O151.115
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