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​

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.