Answered step by step
Verified Expert Solution
Question
1 Approved Answer
6. [-19 Points] DETAILS ASWSBE14 6.E.020. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate appendix table to answer
6. [-19 Points] DETAILS ASWSBE14 6.E.020. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER You may need to use the appropriate appendix table to answer this question. Suppose that the average price for a gallon of gasoline in the Country A is $2.71 and in Country Bts $2.40. Assume these averages are the population means in the two counts and that the probability distributions are normally distributed with a standard deviation of $0.25 in the Country A and a standard deviation of $0.20 in Country B. (a) What is the probability that a randomly selected gas station in Country A charges less than $2.50 per gallon? (Round your answer to four decimal places.) (b) What percentage of the gas stations in Country B charge less than $2.50 per gaton? (Round your answer to two decimal places.) (c) What is the probability that a randomly selected gas station in Country B charged more than the mean price in the Country A7 (Round your answer to four decimal places) Need Help?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started