In a sample of 700 gas stations, the mean price for regulargasoline at the pump

Question

In a sample of 700 gas stations, the mean price for regulargasoline at the pump was $2.808 per gallon and the standarddeviation was $0.009 per gallon. A random sample of size 45is drawn from this population. What is the probability thatthe mean price per gallon is less than $2.806? What is the probability that the mean price per gallon is lessthan $2.806? In a sample of 700 gas stations, the mean price for regulargasoline at the pump was $2.808 per gallon and the standarddeviation was $0.009 per gallon. A random sample of size 45is drawn from this population. What is the probability thatthe mean price per gallon is less than $2.806? What is the probability that the mean price per gallon is lessthan $2.806?

Explanation / Answer

=2.808, S=0.009, n=45 What is the probability that the mean price per gallon is less than$2.806? P(X

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