Provide an Appropriate Response A) $\$ 145.40$ B) $\$ 143.40$ C) $\$ 147.40$

question 32

Multiple Choice

Provide an appropriate response.
-For the following data, approximate the mean weekly grocery bill. $\begin{array}{c|c}\text { Bill (in dollars) } & \text { Frequency } \\\hline 135-139 & 17 \\140-144 & 14 \\145-149 & 6 \\150-154 & 8 \\155-159 & 11\end{array}$

• A) \(\$ 145.40\)
• B) \(\$ 143.40\)
• C) \(\$ 147.40\)
• D) \(\$ 143.90\)

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Definitions:

Option Contract

A contract granting the option holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time period.

Legal Consideration

Something of value that is promised in exchange for performing an act or refraining from acting, forming a necessary element of a valid contract.

Open Offer

An invitation to all shareholders to purchase additional shares in the company, typically at a discount, and not limited to a specific number of shareholders.

Reasonable Intent

A legal standard assessing what a person of ordinary intelligence and prudence would intend under certain circumstances.