A panel of 50 economists was asked to predict the average prime interest rate for the upcoming year. The results of the survey follow: Based on this survey, what does the panel expect the average prime interest rate to be next year?
A) E = 5.154
B) E = 5.374
C) E = 4.104
D) E = 5.724

Question

A panel of 50 economists was asked to predict the average prime interest rate for the upcoming year. The results of the survey follow:  Based on this survey, what does the panel expect the average prime interest rate to be next year?
A) E = 5.154 
B) E = 5.374 
C) E = 4.104 
D) E = 5.724

Quizplus · Accepted Answer

The Answer of A panel of 50 economists was asked to predict the average prime interest rate for the upcoming year. The results of the survey follow:  Based on this survey, what does the panel expect the average prime interest rate to be next year?
A) E = 5.154 
B) E = 5.374 
C) E = 4.104 
D) E = 5.724

A Panel of 50 Economists Was Asked to Predict the Average