During a certain week the mean price of gasoline in New York City was $3.75 per gallon with the standard deviation of $0.43. Assume the variable is normally distributed.
A) If a gas station is randomly selected from this city what is the probability that the price is less than $3.89 that week? Write your answers with four decimal places.
B) If a gas station is randomly selected from this city what is the probability that the price is more than $2.81 that week?
C) If a sample of 40 gas stations is randomly selected from this city what is the probability that the mean price for the sample was between $3.57 and $3.80 that week?
Get Answers For Free
Most questions answered within 1 hours.