The mean price of a gallon of gas in a certain state is $2.95 with a standard
Question:
The mean price of a gallon of gas in a certain state is $2.95 with a standard deviation of 12 cents. Which of the following prices is not within 2 standard deviations of the mean price?
A) $2.69
B) $2.72
C) $3.05
D) $3.18
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
A 295 012307 2952x012 319 295 012 283 2952012 27...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
A marketing manager wishes to compare the mean prices charged for two brands of CD players. The manager conducts a random survey of retail outlets and obtains independent random samples of prices....
-
The average price of a gallon of unleaded regular gasoline was reported to be $2.34 in northern Kentucky (The Cincinnati Enquirer, January 21, 2006). Use this price as the population mean, and assume...
-
The average price of a gallon of gas in 2013 dropped $ 0.12 (3 percent) from $ 3.61 in 2012 (to $ 3.49 in 2013). Lets see whether these changes are reflected in the income statement of Chevron...
-
Professor Quark opens his own company, Electronic Tutorial Services, and completes the following transactions in June: 6/1 Quark invests 24,000 into the business. 6/3 Purchased 2,100 of equipment on...
-
The income statement of a corporation for the month of February indicates a net income of $32,000. During the same period, $40,000 in cash dividends were paid. Would it be correct to say that the...
-
Cyclopropane (C3H6) has the shape of a triangle in which a C atom is bonded to two H atoms and two other C atoms at each corner. Cubane (C8H8) has the shape of a cube in which a C atom is bonded to...
-
Use the data in Appendix D to calculate the chemical atomic mass of lithium, to two decimal places. Appendix D Atomic and Nuclear Data Mass Element Symbol Number (A) (Neutron) n H 1 D 2 T 3 3 4 6 3...
-
Use the planned orders generated in Problem 11. Calculate the average inventory records if the company decides to switch the lot size rule for AB511 and AB521 to lot-for-lot. Compare the number of...
-
Solve using MATLAB You should get same answers as worked out Q2. The vapor pressure of n-butane at 350K is P = 9.4573bar. Assume that the Peng-Robinson EOS applies. Find the molar volumes of: Data:...
-
The function fis defined by a polynomial. Some values of x and f(x) are shown in the table. What is the remainder when f(x) is divided by x + 2? X -4 -2 1 2 f(x) -10.5 2.5 -8 7.5
-
The average (arithmetic mean) test score for all the students in a class is 79.6. If the average score of 16 boys in the class was 81, while that of n girls was 78, what is the value of n? A) 14 B)...
-
Find each probability P(X; ) using Table C in Appendix A. a. P(10; 7) b. P(9; 8) c. P(3; 4) Data from in Table C Appendix A TABLE C The Poisson Distribution X 0 1 2 3 4 LO 5 CO 6 7 X 0.1 .9048 .0905...
-
The following data relate to Nemo Inc. for the year ending December 31: Sales $5,057,000 Cost of goods sold 3,641,000 Selling expenses 90,000 Administrative expenses 147,500. What is Nemo Inc.'s...
-
In Cynthia Cooper's memoir and expose' of the accounting fraud that brought down the telecom company WorldCom, the following are players in the drama described in Ms. Cooper's book. Cynthia Cooper -...
-
What is a cost object, direct costs, and indirect costs? How do variable costs and fixed costs differ? Can you explain variable and fixed costs in brief?
-
Freedonia Township is planning to issue a 30 year bond with a face value of $15,000,000 to construct a new sports and recreation center. The Township will make interest payments twice each year. The...
-
Assignment length: 500 words ( Out of 6 question, i have only doubts in this 3 question) Subject : Intercultural Management 1. The national cultural variables 2.Comparing national culture 3.Culture...
-
1. Describe the unique features of Malia Mills product. 2. Malia Mills Swimwear is not inexpensive. Why do you think customers are willing to pay a premium for her suits? 3. The case mentions that...
-
Find a polar equation for the curve represented by the given Cartesian equation. 4y 2 = x
-
It is common practice in many MBA programs to require applicants to arrange for a letter of reference. Some universities have their own forms in which referees assess the applicant using the...
-
In a Gallup poll this year, 200 people were asked, Do you feel that the newspaper you read most does a good job of presenting the news? The same question was asked of another 200 people 10 years ago....
-
Researchers at the U.S. National Institute of Aging in Bethesda, Maryland, have been studying hearing loss. They have hypothesized that as men age they will lose their hearing faster than comparably...
-
At the beginning of the year, JKJ issued 50,000 redeemable preferred shares to the public for $5 each. The preferred shares have a dividend yield of 5%. The preferred shares must be redeemed if the...
-
1. A material containing 75% water and 25% solid is fed to a granulator at a rate of 4000 kg/hr. The feed is premixed in the granulator with recycled product from a dryer which follows the granulator...
-
A mall-based accessories store had the following information. Cost Retail Opening book inventory $425,000 $1,755,000 Net sales $655,000 Markdowns $226,000 Purchases $215,000 $750,000 Returns to...
Study smarter with the SolutionInn App