Which option offers a discounted hourly rate compared to the hourly rate of On-Demand Instances?

Explanations:

AWS Graviton processors may provide better performance and cost efficiency but do not specifically offer a discounted hourly rate.

Dedicated Hosts provide a physical server dedicated to your use, but they do not inherently offer a discounted hourly rate compared to On-Demand instances.

EC2 Instance Savings Plans provide significant savings on EC2 usage, allowing for a discounted hourly rate compared to On-Demand pricing for a commitment period.

Amazon EC2 Auto Scaling instances scale automatically based on demand but do not inherently provide a discounted hourly rate compared to On-Demand instances.