The Oil Price Information Center of greater Houston reports the mean price per gallon of gas is
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The Oil Price Information Center of greater Houston reports the mean price per gallon of gas is $3 with a population standard deviation of .18. Assume a random sample of 40 gasoline stations is selected and their mean cost for regular gasoline is computed. What is the likelihood the sample mean is greater than $3.08?
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
Question Posted:
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