Question

At one point the average price of regular unleaded gasoline was ​$3.42 per gallon. Assume that...

At one point the average price of regular unleaded gasoline was ​$3.42 per gallon. Assume that the standard deviation price per gallon is ​$0.06 per gallon and use​ Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 33 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.5 standard deviations of the​ mean? ​(c) What is the minimum percentage of gasoline stations that had prices between ​$3.18 and ​$3.66?

Math   Statistics-And-Probability   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
At one point the average price of regular unleaded gasoline was ​$3.72 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.72 per gallon. Assume that the standard deviation price per gallon is ​$0.06 per gallon and use​ Chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 2 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.5 standard deviations of the​ mean? ​(c) What...
At one point the average price of regular unleaded gasoline was ​$3.443.44 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.443.44 per gallon. Assume that the standard deviation price per gallon is ​$0.04 per gallon and use​ Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 4 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 2.5 What are the gasoline prices that are within 2.5 standard deviations of the​ mean? ​(c) What is the minimum percentage of...
At one point the average price of regular unleaded gasoline was ?$3.57 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ?$3.57 per gallon. Assume that the standard deviation price per gallon is ?$0.07 per gallon and use? Chebyshev's inequality to answer the following. ?(a) What percentage of gasoline stations had prices within 4 standard deviations of the? mean? ? (b) What percentage of gasoline stations had prices within 2.5 standard deviations of the? mean? What are the gasoline prices that are within 2.5 standard deviations of the? mean? ?...
At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that the standard deviation price per gallon is $0.07 per gallon and use chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 3 standard deviations of the mean? (b)What percentage of gasoline stations had prices within 2.5 standard deviations of the mean? (c) What is the minimum percentage of gasoline stations that had prices between $3.33 and $3.61?
At one point the average price of regular unleaded gasoline was ​$3.58 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.58 per gallon. Assume that the standard deviation price per gallon is ​$0.05 per gallon and use​Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 33 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 1.5 standard deviations of the​ mean? What are the gasoline prices that are within 1.5 standard deviations of the​ mean? ​(c) What is the minimum percentage...
At one point the average price of regular unleaded gasoline was ​$3.593.59 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.593.59 per gallon. Assume that the standard deviation price per gallon is ​$0.080.08 per gallon and use​ Chebyshev's inequality to answer the following.​(a) What percentage of gasoline stations had prices within 33 standard deviations of the​ mean?​(b) What percentage of gasoline stations had prices within 2.52.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.52.5 standard deviations of the​ mean?​(c) What is the minimum...
At one point the average price of regular unleaded gasoline was ​$3.43 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.43 per gallon. Assume that the standard deviation price per gallon is ​$0.09 per gallon and use​ Chebyshev's inequality to answer the following. along with these areas (a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.5 standard deviations of...
At one point the average price of regular unleaded gasoline was ​$3.593.59 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was ​$3.593.59 per gallon. Assume that the standard deviation price per gallon is ​$0.090.09 per gallon and use​ Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 22 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 2.52.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.52.5 standard deviations of the​ mean? ​(c) What...
At one point the average price of regular unleaded gasoline was ​$3.48 3.48 per gallon. Assume...
At one point the average price of regular unleaded gasoline was ​$3.48 3.48 per gallon. Assume that the standard deviation price per gallon is ​$0.08 0.08per gallon and use​Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 44 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 1.51.5 standard deviations of the​ mean? What are the gasoline prices that are within 1.51.5 standard deviations of the​mean? ​(c) What is...
The Energy Information Administration reported that the mean retail price per gallon of regular grade gasoline...
The Energy Information Administration reported that the mean retail price per gallon of regular grade gasoline was $3.56. Suppose that the standard deviation was $.10 and that the retail price per gallon has a bell-shaped distribution. NOTE: Please use empirical rule approximations for this problem. a. What percentage of regular grade gasoline sold between $3.46 and $3.66 per gallon (to 1 decimal)?    b. What percentage of regular grade gasoline sold between $3.46 and $3.76 per gallon (to 1 decimal)?...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT