Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose the average cost of a gallon of unleaded fuel at gas stations is $1.897.Assume that the standard deviation of such costs is $0.15. Suppose

Suppose the average cost of a gallon of unleaded fuel at gas stations is $1.897.Assume that the standard deviation of such costs is $0.15.

Suppose a random sample of n = 100 gas stations is selected from the population and the cost per gallon of unleaded fuel is determined for each.

Consider the "sample mean cost per gallon". What is the approximate probability that the sample has a mean fuel cost between $1.90 and $1.92?

A.0.18

B.0.66

C.0.36

D.0.72

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Linear Algebra A Geometry Toolbox

Authors: Gerald Farin, Dianne Hansford

3rd Edition

1466579587, 9781466579583

More Books

Students also viewed these Mathematics questions

Question

8. What values do you want others to associate you with?

Answered: 1 week ago