During one recent year, U.S. consumers redeemed 6.79 billion manufacturers' coupons and saved themselves $2.56 billion. Calculate and interpret the mean savings per coupon.
A) The average savings was $0.38 per coupon.
B) The average savings was 265.2 cents per coupon.
C) Half of all coupons were worth more than 265.2 cents in savings.
D) Half of all coupons were worth more than $0.38 in savings.

Question

Quizplus · Accepted Answer

The mean savings per coupon is calculated by dividing the total savings by the number of coupons: $2.56 billion / 6.79 billion coupons = $0.38 per coupon.

During One Recent Year, U