EBK ESSENTIALS OF STATISTICS FOR BUSINE
8th Edition
ISBN: 8220103648783
Author: Anderson
Publisher: CENGAGE L
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Chapter 6.2, Problem 20E
Gasoline Prices. Suppose that the average price for a gallon of gasoline in the United States is $3.73 and in Russia is $3.40. Assume these averages are the population means in the two countries and that the
- a. What is the probability that a randomly selected gas station in the United States charges less than $3.50 per gallon?
- b. What percentage of the gas stations in Russia charge less than $3.50 per gallon?
- c. What is the probability that a randomly selected gas station in Russia charged more than the
mean price in the United States?
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Chapter 6 Solutions
EBK ESSENTIALS OF STATISTICS FOR BUSINE
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