A Researcher Tests Three Different Brands Of $2 \%$ Milk to See How Many Grams of Fat Are in to See

question 5

Multiple Choice

A researcher tests three different brands of $2 \%$ milk to see how many grams of fat are in e 8 ounce glass. The results are shown below.
$\begin{array}{ccc}\hline \text { Brand A } & \text { Brand B } & \text { Brand C } \\\hline 4.76 & 4.72 & 4.78 \\4.74 & 4.75 & 4.76 \\4.72 & 4.76 & 4.79 \\4.79 & 4.74 & 4.77 \\4.75 & 4.77 & 4.78 \\\hline\end{array}$

Find the sum of the ranks for Brand $C$ .

• A) 4.78
• B) 22.5
• C) 23.88
• D) 58

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Definitions:

Budget Deficits

The situation when a government's expenditure exceeds its revenue, resulting in a shortfall that needs to be financed through borrowing.

Economic Efficiency

A state in which resources are allocated in a way that maximizes the production of goods and services at the lowest cost.

Monetary Policy

The management of a country's money supply and interest rates by its central bank, aimed at controlling inflation, stabilizing currency, and achieving economic growth.

Rent-seeking Behavior

Activities aimed at gaining economic benefits through manipulative or exploitative means, without contributing to productivity, typically by influencing government policies or regulations.