per gallon There are about 11,000 Aldis grocery stores, the mean price of standard deviation was $0.15. A random sample of 733 stores is drawn from the population of Aldis was stores. a) Do we need to apply the finite correction factor? O Yes O No b) What is the standard error of the mean? (Apply the FCF as needed and round your answer to 4 decimal places) c) What is the probability that the mean price per gallon in my sample is less than $3.01? (Round your answer to 4 decimal places)

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There are about 11,000 Aldis grocery stores, the mean price of milk was $3.04 per gallon and the
standard deviation was $0.15. A random sample of 733 stores is drawn from the population of Aldis
stores.
a) Do we need to apply the finite correction factor?
O Yes
O No
b) What is the standard error of the mean?
(Apply the FCF as needed and round your answer to 4 decimal places)
c) What is the probability that the mean price per gallon in my sample is less than $3.01?
(Round your answer to 4 decimal places)
Submit Question
25
stv
MacBook
Transcribed Image Text:There are about 11,000 Aldis grocery stores, the mean price of milk was $3.04 per gallon and the standard deviation was $0.15. A random sample of 733 stores is drawn from the population of Aldis stores. a) Do we need to apply the finite correction factor? O Yes O No b) What is the standard error of the mean? (Apply the FCF as needed and round your answer to 4 decimal places) c) What is the probability that the mean price per gallon in my sample is less than $3.01? (Round your answer to 4 decimal places) Submit Question 25 stv MacBook
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