1. **State the problem:** We need to find the range of the giant panda's mass $p$ in grams at birth, given it is between $\frac{1}{950}$ and $\frac{1}{850}$ times its mother's mass, which is 95,950 grams.
2. **Write the inequality:**
$$\frac{1}{950} \times 95,950 \leq p < \frac{1}{850} \times 95,950$$
3. **Calculate the lower bound:**
$$\frac{1}{950} \times 95,950 = \frac{95,950}{950} = 101$$
4. **Calculate the upper bound:**
$$\frac{1}{850} \times 95,950 = \frac{95,950}{850} = 112.88\overline{2} \approx 112.89$$
5. **Write the final inequality:**
$$101 \leq p < 112.89$$
6. **Interpretation:** The giant panda's mass $p$ is predicted to be at least 101 grams but less than 112.89 grams.
7. **Match with options:** This corresponds to option B.
**Final answer:**
$$101 \leq p < 112.89$$
Panda Mass
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