The correct statement is:
The total amount of energy at the bottom of the hill is equal to the amount at the top of the hill, but some energy was converted into other forms of energy due to friction.
In this scenario, the biker has kinetic energy (KE) at the bottom of the second hill and potential energy (PE) at the top of the third hill. Energy is conserved, so the total mechanical energy (the sum of potential and kinetic energy) should remain constant in the absence of non-conservative forces like friction. However, in real-world situations, some energy is lost to friction and other forms of dissipation. At the top of the third hill, the biker is slowest due to this energy loss. Thus, while the total amount of energy is conserved theoretically, practical energy transformations (like friction turning kinetic energy into thermal energy) account for the differences observed between the two points.