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The Energy Information Administration wishes to estimate the mean price per gallon of regular unleaded gasoline. Assume that a random sample of 49 filling stations
The Energy Information Administration wishes to estimate the mean price per gallon of regular unleaded gasoline. Assume that a random sample of 49 filling stations will be selected. Further assume from historical data that the population standard deviation of the price per gallon of regular unleaded gasoline is $0.10. What is the probability that
x from the sample will be within 2 cents of the population mean?
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