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Answer the question and show work An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association publishes

Answer the question and show work

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An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association publishes tariff rates for railroad-car shipments of ethanol. Assuming that the standard deviation of such tariff rates is $1000, determine the probability that the mean tariff rate of 500 randomly selected railroad-car shipments of ethanol will be within $80 of the mean tariff rate of all railroad-car shipments of ethanol. Interpret your answer in terms of sampling error. The probability is (Round to three decimal places as needed.)

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