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Let u say that the fuel efficiency of a particular model car is normally distributed with a mean of 24.8 mpg, µ and a standard deviation of, = 3.8 mpg.
a. How often do you expect the mpg of a vehicle to be 17.2 mpg or lower? Show work like shown in the module with the function notation, finding the z-score. Draw graph, properly label axis, with the zscore axis underneath.
b. How often do you expect the mpg of a vehicle to be between 22 mpg and 24.8 mpg Show work like shown in the module with the function notation, finding the z-score. Draw graph, properly label axis, with the z-score axis underneath.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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