The mean price of a gallon of gas in a certain state is $2.95 with a standard
Question:
The mean price of a gallon of gas in a certain state is $2.95 with a standard deviation of 12 cents. Which of the following prices is not within 2 standard deviations of the mean price?
A) $2.69
B) $2.72
C) $3.05
D) $3.18
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
A 295 012307 2952x012 319 295 012 283 2952012 27...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
A marketing manager wishes to compare the mean prices charged for two brands of CD players. The manager conducts a random survey of retail outlets and obtains independent random samples of prices....
-
The average price of a gallon of unleaded regular gasoline was reported to be $2.34 in northern Kentucky (The Cincinnati Enquirer, January 21, 2006). Use this price as the population mean, and assume...
-
The average price of a gallon of gas in 2013 dropped $ 0.12 (3 percent) from $ 3.61 in 2012 (to $ 3.49 in 2013). Lets see whether these changes are reflected in the income statement of Chevron...
-
Professor Quark opens his own company, Electronic Tutorial Services, and completes the following transactions in June: 6/1 Quark invests 24,000 into the business. 6/3 Purchased 2,100 of equipment on...
-
The income statement of a corporation for the month of February indicates a net income of $32,000. During the same period, $40,000 in cash dividends were paid. Would it be correct to say that the...
-
For a specific paint application, a mixture of solvents is needed. The mixture will be identified by its ability to mix with water (total miscibility), its normal boiling point (determines the...
-
5. CPA QUESTION An unemployed CPA generally would receive unemployment compensation benefits if the CPA: a. Was fired as a result of the employer's business reversals b. Refused to accept a job as an...
-
Tiffany Martin is an audit manager in a medium-sized public accounting firm. Tiffany graduated from college seven years ago with a degree in accounting. She obtained her CPA certification soon after...
-
This information relates to Oriole Co. 1. On April 5, purchased merchandise on account from Grouper Company for $27,900, terms 4/10, net/30, FOB shipping point. 2. On April 6, paid freight costs ...
-
The function fis defined by a polynomial. Some values of x and f(x) are shown in the table. What is the remainder when f(x) is divided by x + 2? X -4 -2 1 2 f(x) -10.5 2.5 -8 7.5
-
The average (arithmetic mean) test score for all the students in a class is 79.6. If the average score of 16 boys in the class was 81, while that of n girls was 78, what is the value of n? A) 14 B)...
-
Assume the Black-Scholes framework. For a 3-month 32-strike European straddle on a stock, you are given: (i) The stock currently sells for $30. (ii) The stocks volatility is 30%. (iii) The stock pays...
-
Jane is considering a 7/23 balloon mortgage with an interest rate of 4.15% to purchase a house for $197,000. What will be her monthly payment for the first 7 years of the balloon mortgage?
-
(1) Consider a low-pressure chemical vapor deposition diffusion reactor to lay a thin film of the semiconductor gallium, Ga, onto a silicon wafer surface. Gallium metal is not volatile, but trimethyl...
-
Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.112 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.9842 euros. What is the cross-rate of...
-
Assume B Corporation has $375,000 of Ordinary Income from its operations, $75,000 of interest received from its investments on bonds from Z firm. Also, it received $50,000 of dividends from a...
-
1. 2. 3. 7 5. 7. 8. 9. 10. Name the two services that are part of the System Manager. List and describe each of the features found in these services. What is the purpose of identifying account...
-
Two events, A and B, are defined on a sample space S such that P (A|B) = 0.6, P(At least one of the events occurs) = 0.8, and P(Exactly one of the events occurs) =0.6. Find P (A) and P(B).
-
Establish identity. cos( + k) = (-1)k cos , k any integer
-
It is common practice in many MBA programs to require applicants to arrange for a letter of reference. Some universities have their own forms in which referees assess the applicant using the...
-
In a Gallup poll this year, 200 people were asked, Do you feel that the newspaper you read most does a good job of presenting the news? The same question was asked of another 200 people 10 years ago....
-
Researchers at the U.S. National Institute of Aging in Bethesda, Maryland, have been studying hearing loss. They have hypothesized that as men age they will lose their hearing faster than comparably...
-
Which process involves reviewing, evaluating, and approving or rejecting changes to project deliverables? a . Validate Scope b . Perform Integrated Change Control c . Control Scope d . Monitor and...
-
According to Dr. Blackman when conducting a job analysis by using the interview technique, you would ideally want to ask the incumbent Group of answer choices functional questions open ended...
-
Most entrepreneurs start out working part time on their new business. O True O False
Study smarter with the SolutionInn App