A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. The table shows the student's estimate of the relation between time spent studying each course and the grade for each course.

$\begin{array}{llll}
&&\text { Grade ln }\
\text { Hours of Study}& \text {Economics }& \text {Statistics }& \text {Finance }\
0 & 50 & 42 & 56 \
1 & 62 & 54 & 68 \
2 & 71 & 64 & 76 \
3 & 79 & 72 & 82 \
4 & 85 & 80 & 87 \
5 & 88 & 84 & 90 \
6 & 90 & 87 & 93 \
7 & 92 & 89 & 95
\end{array}$
-How should the student allocate her time?

Question

A student taking economics, statistics, and finance has decided to spend 9 hours per week studying. The objective is to maximize the average grade, which means maximizing the total grade in the three courses. The table shows the student's estimate of the relation between time spent studying each course and the grade for each course.

$\begin{array}{llll}
&&\text { Grade ln }\
 \text { Hours of Study}& \text {Economics }& \text {Statistics }& \text {Finance }\
0 & 50 & 42 & 56 \
1 & 62 & 54 & 68 \
2 & 71 & 64 & 76 \
3 & 79 & 72 & 82 \
4 & 85 & 80 & 87 \
5 & 88 & 84 & 90 \
6 & 90 & 87 & 93 \
7 & 92 & 89 & 95
\end{array}$
-How should the student allocate her time?

Quizplus · Accepted Answer

The student should spend 3 hours on economics, 4 hours on statistics, and 2 hours on finance. This will maximize the total grade in the three courses.

A Student Taking Economics, Statistics, and Finance Has Decided to Spend