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The Average Cost of a Week-Long Holiday for 2 Adults

Question 3

Multiple Choice

The average cost of a week-long holiday for 2 adults and 2 children is reported as being AED 10,200 (Emirati Dirham) . You know the actual value was calculated as AED 10,197.89 but that it has been rounded. What is this process called?


A) Biased rounding
B) Over rounding
C) Fair rounding
D) Discrete rounding

Correct Answer:

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