Suppose that the average price for a gallon of gasoline in the Country A is $2.79 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.) 0.1314 x (b) What percentage of the gas stations in Country B charge less than $2.50 per gallon? (Round your answer to two decimal places.) 0.69146 x% (c) What is the probability that a randomly selected gas station in Country B charged more than the mean price in the Country A? (Round your answer to four decimal places.)
Suppose that the average price for a gallon of gasoline in the Country A is $2.79 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.) 0.1314 x (b) What percentage of the gas stations in Country B charge less than $2.50 per gallon? (Round your answer to two decimal places.) 0.69146 x% (c) What is the probability that a randomly selected gas station in Country B charged more than the mean price in the Country A? (Round your answer to four decimal places.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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