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The raw scores of 20 students of Lessened secondary school who took part in an examination in Economics are given below. The pass mark is 40%. 38 28 70 43 39 20 64 66 12 46 52 53 20 34 48 69 18 20 64 34. a) What is the mean score of the student's mark? b) How many students passed the examination? c) What percentage of the student's failed the examination?

ScanSolve AI Answer
9 stepsAnswer
41.9
Step 1: Calculate the mean score. The raw scores of 20 students are: 38, 28, 70, 43, 39, 20, 64, 66, 12, 46, 52, 53, 20, 34, 48, 69, 18, 20, 64, 34. The number of students is . The sum of the scores is: The mean score () is: a) The mean score of the student's mark is .
Step 2: Determine the number of students who passed the examination. The pass mark is 40%. Students who scored 40 or above passed. The scores are: 70, 43, 64, 66, 46, 52, 53, 48, 69, 64. There are 10 students who passed. b) The number of students who passed the examination is .
Step 3: Calculate the percentage of students who failed the examination. Students who scored below 40 failed. The scores are: 38, 28, 39, 20, 12, 20, 34, 18, 20, 34. There are 10 students who failed. The percentage of students who failed is: c) The percentage of students who failed the examination is .
Step 4: Determine the number of students who scored below the mean score. The mean score is 41.9. The scores below 41.9 are: 38, 28, 39, 20, 12, 20, 34, 18, 20, 34. There are 10 students who scored below the mean score. d) The number of students who scored below the mean score is .
Step 5: Calculate the range of the scores. First, identify the minimum and maximum scores. Minimum score = 12. Maximum score = 70. The range is the difference between the maximum and minimum scores: e) The range of the scores is .
Question 2:
a) State five roles OPEC plays in the production, refining, and marketing of petroleum in member nations.
- Coordinating Petroleum Policies: OPEC coordinates and unifies the petroleum policies of its member countries to secure fair and stable prices for petroleum producers.
- Stabilizing Oil Markets: It works to stabilize international oil markets to ensure an efficient, economic, and regular supply of petroleum to consuming nations.
- Ensuring Fair Returns: OPEC aims to ensure a steady income for oil-producing countries and a fair return on capital for those investing in the petroleum industry.
- Influencing Production Levels: Through collective agreements on production quotas, OPEC influences global oil supply and, consequently, international oil prices.
- Promoting Sustainable Development: It promotes sustainable development and environmental protection in the oil industry within its member states.
b) Enumerate five problems facing the organization.
- Internal Disagreements: Member countries often have differing economic interests and political agendas, leading to difficulties in reaching consensus on production quotas and pricing strategies.
- Competition from Non-OPEC Producers: The rise of non-OPEC oil producers (e.g., shale oil from the US) has reduced OPEC's market share and influence.
- Global Economic Slowdowns: Economic recessions or slowdowns in major consuming nations can significantly reduce global oil demand, putting downward pressure on prices.
- Geopolitical Tensions: Conflicts and political instability in key member states can disrupt oil supply, create uncertainty, and strain relations within the organization. 5
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Calculate the mean score. The raw scores of 20 students are: 38, 28, 70, 43, 39, 20, 64, 66, 12, 46, 52, 53, 20, 34, 48, 69, 18, 20, 64, 34.