# Question: You have been told that the distribution of regular unleaded

You have been told that the distribution of regular unleaded gasoline prices over all gas stations in Indiana is normally distributed with mean $2.95 and standard deviation $0.075, and you have been asked to find two dollar values such that 95% of all gas stations charge somewhere between these two values. Why is each of the following an acceptable answer: between $2.776 and $3.081, or between $2.803 and $3.097?

Can you find any other acceptable answers? Which of the many possible answers would you give if you are asked to obtain the shortest interval?

Can you find any other acceptable answers? Which of the many possible answers would you give if you are asked to obtain the shortest interval?

## Answer to relevant Questions

A fast-food restaurant sells hamburgers and chicken sandwiches. On a typical weekday the demand for hamburgers is normally distributed with mean 313 and standard deviation 57; the demand for chicken sandwiches is normally ...Suppose that a popular hotel for vacationers in Orlando, Florida, has a total of 300 identical rooms. As many major airline companies do, this hotel has adopted an overbooking policy in an effort to maximize the usage of its ...A firmâ€™s office contains 150 PCs. The probability that a given PC will not work on a given day is 0.05. a. On a given day what is the probability that exactly one computer will not be working?b. On a given day what is the ...In the current tax year, suppose that 5% of the millions of individual tax returns are fraudulent. That is, they contain errors that were purposely made to cheat the government.a. Although these errors are often well ...Based on historical data, the probability that a major league pitcher pitches a no-hitter in a game is about 1/1300.a. Use the binomial distribution to determine the probability that in 650 games 0, 1, 2, or 3 no-hitters ...Post your question