During a certain week, the mean price of gasoline in the New England region was $2.818 per gallon. A random sample of 32 gas stations is drawn from this population. What is the probability that the mean price for the sample was between $2.768 and $2.918 that week? Assume σ=$0.045
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
During a certain week, the
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