Multiple Choice
A lab orders 100 rats a week for each of the 52 weeks in the year for experiments that the lab conducts. Suppose the mean cost of rats used in lab experiments turned out to be $13.00 per week. Interpret this value.
A) Most of the weeks resulted in rat costs of $13.00.
B) The median cost for the distribution of rat costs is $13.00.
C) The expected or average cost for all weekly rat purchases is $13.00.
D) The rat cost that occurs more often than any other is $13.00.
Correct Answer:
Verified
Correct Answer:
Verified
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