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On a Given Day, the Price of a Gallon of Milk

Question 54

Multiple Choice

On a given day, the price of a gallon of milk had a mean price of $2.16 with a standard deviation of $0.07. A particular food store sold milk for $2.09/gallon. Interpret the z-score for this gas station.


A) The milk price of this food store falls 1 standard deviation below the milk gas price of all food stores.
B) The milk price of this food store falls 7 standard deviations above the mean milk price of all food stores.
C) The milk price of this food store falls 1 standard deviation above the mean milk price of all food stores.
D) The milk price of this food store falls 7 standard deviations below the mean milk price of all food stores.

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