Question: Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability . In a sample
Determine if the finite correction factor should be used. If so, use it in your calculations when you find the
probability.
In a sample of
900
gas stations, the mean price for regular gasoline at the pump was
$2.868
per gallon and the standard deviation was
$0.008
per gallon. A random sample of size
50
is drawn from this population. What is the probability that the mean price per gallon is less than
$2.866?
Question content area bottom
Part 1
The probability that the mean price per gallon is less than
$2.866
is
enter your response here.
(Round to four decimal places as needed.)
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