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Suppose That a Highway Is Governed by a Use Fee

question 71

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Suppose that a highway is governed by a use fee charged to motorists that is based on congestion, operation and maintenance. The total traffic t is used to determine the cost of 5t². What is the average cost per motorist?


Definitions:

Median

The middle value in a list of numbers, which divides the data set into two halves.

Standard Deviations

A numerical metric that calculates the extent of spread or deviation of a dataset values from its average.

Percent Of People

A statistical measurement that represents a portion of a total group or population in terms of a percentage.

Median

The middle value in a list of numbers, which divides the distribution into two equal halves.

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