The statement that is true about the cost of haircuts is "On Average, the cost of a man's haircut is $16 less than the cost of a women's haircut".
A mean is an arithmetic average of a set of observations. it is given by the formula,
Mean = (Sum of observations)/Number of observations
Given that the mean cost of a haircut for a man is $28 and the mean cost of a haircut for a woman is $44. Therefore, the statement that is true about the cost of haircuts is "On Average, the cost of a man's haircut is $16 less than the cost of a women's haircut".
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