Randolph is taking three courses this semester: economics, statistics, and finance. He has decided to spend 20 hours per week studying in addition to attending all his classes) and his objective is to maximize his average grade, which means maximizing the total of his grades in the three courses. The table shows Randolph's estimate of the relation between time spend studying and his grade for each course. Hours of study 4 5 6 . 7 8 9 10 Grade in: Economics Statistics 63 54 72 64 72 79 85 88 Multiple Choice 90 92 78 83 87 89 Finance 68 76 82 198 87 90 93 95 Based on the information in the table, how should Randolph allocate his time? 7 hours economics, 7 hours statistics, 6 hours finance 6 hours economics, 6 hours statistics, 8 hours finance
Randolph is taking three courses this semester: economics, statistics, and finance. He has decided to spend 20 hours per week studying in addition to attending all his classes) and his objective is to maximize his average grade, which means maximizing the total of his grades in the three courses. The table shows Randolph's estimate of the relation between time spend studying and his grade for each course. Hours of study 4 5 6 . 7 8 9 10 Grade in: Economics Statistics 63 54 72 64 72 79 85 88 Multiple Choice 90 92 78 83 87 89 Finance 68 76 82 198 87 90 93 95 Based on the information in the table, how should Randolph allocate his time? 7 hours economics, 7 hours statistics, 6 hours finance 6 hours economics, 6 hours statistics, 8 hours finance
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphics To Economics
Problem 1SQ
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Transcribed Image Text:Randolph is taking three courses this semester: economics, statistics, and finance. He has decided to spend 20 hours per week studying (in addition to
attending all his classes) and his objective is to maximize his average grade, which means maximizing the total of his grades in the three courses. The
table shows Randolph's estimate of the relation between time spend studying and his grade for each course.
Hours of
study
4
5
6
7
8
9
10
Grade in:
Economics Statistics
63
54
64
72
79
Multiple Choice
85
88
90
92
72
78
83
87
89
Finance
68
76
82
87
90
93
95
Based on the information in the table, how should Randolph allocate his time?
7 hours economics, 7 hours statistics, 6 hours finance
6 hours economics, 6 hours statistics, 8 hours finance
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