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Probability that the mean price for the sample

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Problem: Find the probability and interpret the results. If convenient, use technology to find the probability. During a certain week the mean price of gasoline was $2.707 per gallon. A random sample of 38 gas stations is drawn from this population. What is the probability that the mean price for the sample was between $2.697 and $2.724 that week? Assume σ = $0.043.

Reference no: EM13858460

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