Fuchsia,Inc

question 110

Multiple Choice

Fuchsia,Inc.provides automobile repair services in the local community.The company provides the following information for the month of March:

Fuchsia provided services to 1600 clients in the month of March and generated $23,500 as revenue.
How much is the cost per service? (Round your answer to the nearest cent. )

• A)$10.72
• B)$3.25
• C)$10.00
• D)$5.72

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Definitions:

Normally Distributed

Refers to a type of continuous probability distribution where data points are symmetrically distributed around the mean, forming a bell-shaped curve.

Variance

A measure of the dispersion or spread of a set of data points in a data set, representing the average squared deviation from the mean.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, commonly used in statistical analyses.

Mean

The arithmetic average of a set of values or measurements, calculated by summing them all up and dividing by the number of values.