Let X represent the amount of gasoline (gallons) purchased by a randomly selected customer at a gas
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Let X represent the amount of gasoline (gallons) purchased by a randomly selected customer at a gas station. Suppose that the mean value and standard deviation of X are 11.5 and 4.0, respectively.
a. In a sample of 50 randomly selected customers, what is the approximate probability that the sample mean amount purchased is at least 12 gallons?
b. In a sample of 50 randomly selected customers, what is the approximate probability that the total amount of gasoline purchased is at most 600 gallons?
c. What is the approximate value of the 95th percentile for the total amount purchased by 50 randomly selected customers?
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Related Book For
Modern Mathematical Statistics With Applications
ISBN: 9783030551551
3rd Edition
Authors: Jay L. Devore, Kenneth N. Berk, Matthew A. Carlton
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