The Local Amusement Park Was Interested in the Average Wait

question 7

Multiple Choice

The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.) . They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes) : 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118. What is the mode?

• A) 114.15
• B) 118
• C) 148
• D) 45
• E) 115.5

---

Definitions:

Discount

A reduction from the usual cost of something, often applied to encourage sales or provided for early payment.

Net Operating Income

A company's total earnings from its operations, excluding taxes and other non-operational expenses, indicating the profitability of core business activities.

Traceable Fixed Expenses

Fixed costs that can be directly associated with a specific product, department, or segment of a business.

Common Fixed Expenses

Recurring expenses that do not vary with the level of production or sales, shared by multiple departments or products.