Ly woSuppose that the average price for a gallon of gasoline in the United States is $3.75 and in Russia it is $3.38. Assume these averages are the population means in the twocountries and that the probability distributions are normally distributed with a standard deviation of $0.25 in the United States and a standard deviation of $0.20 in Russia.a. What is the probability that a randomly selected gas station in the United States charges less than $3.65 per gallon (to 4 decimals)?b. What percentage of the gas stations in Russia charge less than $3.65 per gallon (to 2 decimals)?%c. What is the probability that a randomly selected gas station in Russia charged more than the mean price in the United States (to 4 decimals)?0.0322

For United Statesmean()=3.75standard deviation()=0.25For RussiaMean()=3.38standard deviation()=0.20

Answered: Suppose that the average price for a…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

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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