A lab orders a shipment of 100 frogs each week. Prices for the weekly shipments of frogs follow the distribution below: Price $10.00 $12.50 $15.00 Probability 35 45 .20 Suppose the mean cost of the frogs is $12.13 per week. Interpret this value. O A. The frog cost that occurs more often than any other is $12.13. OB. The median cost for the distribution of frog costs is $12.13. C. Most of the weeks resulted in frog costs of $12.13. O D. The average cost for all weekly frog purchases is $12.13.
A lab orders a shipment of 100 frogs each week. Prices for the weekly shipments of frogs follow the distribution below: Price $10.00 $12.50 $15.00 Probability 35 45 .20 Suppose the mean cost of the frogs is $12.13 per week. Interpret this value. O A. The frog cost that occurs more often than any other is $12.13. OB. The median cost for the distribution of frog costs is $12.13. C. Most of the weeks resulted in frog costs of $12.13. O D. The average cost for all weekly frog purchases is $12.13.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
![A lab orders a shipment of 100 frogs each week. Prices for the weekly shipments of frogs follow the distribution below:
Price
$10.00
$12.50
$15.00
Probability
35
.45
.20
Suppose the mean cost of the frogs is $12.13 per week. Interpret this value.
O A. The frog cost that occurs more often than any other is $12.13.
B. The median cost for the distribution of frog costs is $12.13.
C. Most of the weeks resulted in frog costs of $12.13.
O D. The average cost for all weekly frog purchases is $12.13.
MacBook](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3b020251-69fd-4388-99a9-d8ad091dc49a%2F871da02e-b1df-4253-ab2a-bd2f5cdbffd7%2Fsdib3na_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A lab orders a shipment of 100 frogs each week. Prices for the weekly shipments of frogs follow the distribution below:
Price
$10.00
$12.50
$15.00
Probability
35
.45
.20
Suppose the mean cost of the frogs is $12.13 per week. Interpret this value.
O A. The frog cost that occurs more often than any other is $12.13.
B. The median cost for the distribution of frog costs is $12.13.
C. Most of the weeks resulted in frog costs of $12.13.
O D. The average cost for all weekly frog purchases is $12.13.
MacBook
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