Suppose that mean retail price per gallon of regular grade gasoline is $3.50 with a standard deviation of $0.10 and that the retail price per gallon has a bell-shaped distribution. NOTE: Please use empirical rule approximations for this problem. a. What percentage of regular grade gasoline sells for between $3.40 and $3.60 per gallon (to 1 decimal)? b. What percentage of regular grade gasoline sells for between $3.40 and $3.70 per gallon (to 1 decimal)? % c. What percentage of regular grade gasoline sells for more than $3.70 per gallon (to 1 decimal)? %

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Suppose that mean retail price per gallon of regular grade gasoline is $3.50 with a standard deviation of
$0.10 and that the retail price per gallon has a bell-shaped distribution.
NOTE: Please use empirical rule approximations for this problem.
a. What percentage of regular grade gasoline sells for between $3.40 and $3.60 per gallon (to 1
decimal)?
b. What percentage of regular grade gasoline sells for between $3.40 and $3.70 per gallon (to 1
decimal)?
c. What percentage of regular grade gasoline sells for more than $3.70 per gallon (to 1 decimal)?
Transcribed Image Text:Suppose that mean retail price per gallon of regular grade gasoline is $3.50 with a standard deviation of $0.10 and that the retail price per gallon has a bell-shaped distribution. NOTE: Please use empirical rule approximations for this problem. a. What percentage of regular grade gasoline sells for between $3.40 and $3.60 per gallon (to 1 decimal)? b. What percentage of regular grade gasoline sells for between $3.40 and $3.70 per gallon (to 1 decimal)? c. What percentage of regular grade gasoline sells for more than $3.70 per gallon (to 1 decimal)?
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