Provide an Appropriate Response A) $\operatorname { Min } = 25 , Q _ { 1 } = 28 , Q _ { 2 } = 30.75 , Q _ { 3 } = 34 , \operatorname { Max } = 38$

question 69

Multiple Choice

Provide an appropriate response.
-The weights (in pounds) of 30 preschool children are listed below. Find the five-number summary. $$\begin{array} { l l l l l l l l l l } 25 & 25 & 26 & 26.5 & 27 & 27 & 27.5 & 28 & 28 & 28.5 \\29 & 29 & 30 & 30 & 30.5 & 31 & 31 & 32 & 32.5 & 32.5 \\33 & 33 & 34 & 34.5 & 35 & 35 & 37 & 37 & 38 & 38\end{array}$$

• A) \(\operatorname { Min } = 25 , Q _ { 1 } = 28 , Q _ { 2 } = 30.75 , Q _ { 3 } = 34 , \operatorname { Max } = 38\)
• B) \(\operatorname { Min } = 25 , Q _ { 1 } = 28 , Q _ { 2 } = 30.5 , Q _ { 3 } = 34 , \operatorname { Max } = 38\)
• C) \(\operatorname { Min } = 25 , \mathrm { Q } _ { 1 } = 27.5 , \mathrm { Q } _ { 2 } = 30.75 , \mathrm { Q } _ { 3 } = 33 , \mathrm { Max } = 38\)
• D) \(\operatorname { Min } = 25 , \mathrm { Q } _ { 1 } = 27.5 , \mathrm { Q } _ { 2 } = 30.5 , \mathrm { Q } _ { 3 } = 33.5 , \mathrm { Max } = 38\)

Calculate average total, average variable, and average fixed costs using provided information.

Identify cost-minimization strategies for production.

Analyze the impact of changes in scale on production costs and output.

Understand the concept of marginal cost and its relevance to production decisions.

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