The Table Given Below Reports the Price of Soda Over

question 81

Multiple Choice

The table given below reports the price of soda over four consecutive years.
Table 5.7
$\begin{array}{c}\text { Price Data }\\\begin{array}{|c|c|c|}\hline \text { Year } & \text { Base-Year Soda Price } & \text { Current Soda Price } \\\hline 1 \text { (base year) } & \$ 0.30 & \$ 0.30 \\\hline 2 & \$ 0.30 & \$ 0.45 \\\hline 3 & \$ 0.30 & \$ 0.55 \\\hline 4 & \$ 0.30 & \$ 0.65 \\\hline\end{array}\end{array}$
-Refer to Table 5.7. By what percentage did the price of soda increase from the third to the fourth year?

• A) 15 percent
• B) 30 percent
• C) 35 percent
• D) 18 percent
• E) 65 percent

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Definitions:

Mean Difference

A measure of the average discrepancy or variance between two sets of data or samples, often used in comparative studies.

Confidence Interval

A range of values, derived from sample data, that is believed to contain the true population parameter with a certain level of confidence.

Oxygen Uptake

Oxygen uptake is a measure of the oxygen used by the body during physical activity and is a key indicator of aerobic fitness.

Mean Difference

A statistical measure representing the average difference between two sets of values or groups within a dataset.