This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the likelihood of finding a price of 3.68 or less for a gallon of gasoline from a normally ... (Read 42 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 24, 2018
What is the likelihood of finding a price of 3.68 or less for a gallon of gasoline from a normally distributed population of gas prices? Assume  = 3.78 and  = 0.05.
 
  A) 0.4772
  B) 0.0793
  C) 0.4207
  D) 0.0228

Question 2

The advantage of using the interquartile range versus the range as a measure of variation is:
 
  A) it is easier to compute.
  B) it utilizes all the data in its computation.
  C) it gives a value that is closer to the true variation.
  D) it is less affected by extremes in the data.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

D


stephzh

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 24, 2018
Correct answers!


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 24, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

A gasoline testing kit, including an insulated container where water at 100°F is used to heat a ... A gasoline testing kit, including an insulated container where water at 100°F is used to heat a ...
A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ... A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ...
A flex-fuel vehicle often has a yellow gas cap, which is labeled “E85/gasoline”. A flex-fuel vehicle often has a yellow gas cap, which is labeled “E85/gasoline”.
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
Finding the derivative using the power rule - Solutions Finding the derivative using the power rule - Solutions
finding resultant for the following force combinations finding resultant for the following force combinations
Video: Helper T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library