At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.08 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? 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 $3.17 and $3.81? (a) At least nothing% of gasoline stations had prices within 3 standard deviations of the mean. (Round to two decimal places as
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.08 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? 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 $3.17 and $3.81? (a) At least nothing% of gasoline stations had prices within 3 standard deviations of the mean. (Round to two decimal places as
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
At one point the average price of regular unleaded gasoline was
$3.49
per gallon. Assume that the standard deviation price per gallon is
$0.08
per gallon and use Chebyshev's inequality to answer the following.(a) What percentage of gasoline stations had prices within
mean ?
3
standard deviations of the (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
$3.17
and
$3.81?
(a) At least
nothing%
of gasoline stations had prices within
3
standard deviations of the mean.(Round to two decimal places as needed.)
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