Mr Dent Carr's Total Costs Are 2s² + 45s

question 18

Multiple Choice

Mr. Dent Carr's total costs are 2s² + 45s + 30. If he repairs 15 cars, his average variable costs will be

• A) $77.
• B) $75.
• C) $150.
• D) $105.
• E) $52.50.

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Definitions:

Statistic

A characteristic or measure obtained from a sample of data to estimate a population parameter.

Sampling Distribution

The likelihood distribution of a statistic, achieved by drawing numerous samples from a certain population.

Spread

In statistics, it refers to the range of a data set, which shows the extent to which numerical values differ from each other.

Center

In statistics, the central point of a data set, around which a whole dataset is distributed, usually measured as mean or median.