Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability. ent In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.874 per gallon and the standard deviation was $0.009 per gallon. A random sample of size 60 is drawn from this population. What is the probability that the mean price per gallon is less than $2.872? ..... so The probability that the mean price per gallon is less than $2.872 is (Round to four decimal places as needed.) cest

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.874 per gallon, and the standard deviation was $0.009 per gallon. A random sample of size 60 is drawn from this population. What is the probability that the mean price per gallon is less than $2.872?

The probability that the mean price per gallon is less than $2.872 is __________.
(Round to four decimal places as needed.)
Transcribed Image Text:In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.874 per gallon, and the standard deviation was $0.009 per gallon. A random sample of size 60 is drawn from this population. What is the probability that the mean price per gallon is less than $2.872? The probability that the mean price per gallon is less than $2.872 is __________. (Round to four decimal places as needed.)
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