You may need to use the appropriate appendix table to answer this question. The average price for a gallon of gasoline in the country A is $2.76 and in country B it is $2.35. Assume these averages are the population means in the two countries and that the probability distributions are normally distributed with a standard deviation of $0.25 in the country A and a standard deviation of $0.20 in country B. (a) What is the probability that a randomly selected gas station in country A charges less than $2.50 per gallon? (Round your answer to four decimal places.) 0.0968 X

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Can you guys help me on this? Thank you!

 

You may need to use the appropriate appendix table to answer this question.
The average price for a gallon of gasoline in the country A is $2.76 and in country B it is $2.35. Assume these averages are the population means in the two countries and that the probability distributions are
normally distributed with a standard deviation of $0.25 in the country A and a standard deviation of $0.20 in country B.
(a) What is the probability that a randomly selected gas station in country A charges less than $2.50 per gallon? (Round your answer to four decimal places.)
0.0968
X
Transcribed Image Text:You may need to use the appropriate appendix table to answer this question. The average price for a gallon of gasoline in the country A is $2.76 and in country B it is $2.35. Assume these averages are the population means in the two countries and that the probability distributions are normally distributed with a standard deviation of $0.25 in the country A and a standard deviation of $0.20 in country B. (a) What is the probability that a randomly selected gas station in country A charges less than $2.50 per gallon? (Round your answer to four decimal places.) 0.0968 X
Expert Solution
steps

Step by step

Solved in 1 steps with 1 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman