Suppose the transit system of a large city has a lost and found department that keeps detailed records, including the estimated value in dollars of each lost item. each year the department publishes a report with a histogram showing the proportion of items lost in various price ranges.
the bar on the histogram with endpoints 100 to 200 has a height of 0.11. what does this mean?
(a) of the lost items, 11% cost $150.
(b) between 100 and 200 items had an estimated value of 11% of the total cost of all items.
(c) of the lost items, 11% cost between $100 and $200.
(d) it is impossible to answer the question because it does not say what variable is displayed on the horizontal axis.
(e) of the lost items, 11% had an average cost of $150.