What is the probability the price

Assignment Help Business Management
Reference no: EM131970226

1.According to AAA, the price of a gallon of regular, unleaded gas across gas stations in North Carolina is normally distributed with a mean of $2.39 and a standard deviation of $0.15. If you randomly pick a gas station, what is the probability the price is exactly $2.26 per gallon?

2.According to AAA, the price of a gallon of regular, unleaded gas across gas stations in North Carolina is normally distributed with a mean of $2.39 and a standard deviation of $0.15. If you randomly pick a gas station, what is the probability that the price is between $2.30 and $2.60 per gallon?

3.According to AAA, the price of a gallon of regular, unleaded gas across gas stations in North Carolina is normally distributed with a mean of $2.39 and a standard deviation of $0.15. Find the price such that only 20% of gas stations charge more than that price.

Reference no: EM131970226

Questions Cloud

Perspective of ethical theories including utilitarianism : Analyse the article/case study from the perspective of four classical ethical theories including utilitarianism, deontology, virtue and contract
What types of crimes lauren may have committed : Describe the activities and what types of crimes Lauren may have committed. Should Charles collect any additional information before making a final decision?
Discuss how the modern cpus function : The text discusses how modern CPUs function. Recently a critical flaw in microprocessor design has been discovered that allows two extremely serious security.
What is the type of fraud being investigated : What is the type of fraud being investigated? Explain the rationale. Who are the possible perpetrator(s) of the cash shortages? Explain.
What is the probability the price : Find the price such that only 20% of gas stations charge more than that price.
Describe the factors that contribute to team dynamics : Explain how team dynamics can affect the productivity and effectiveness of a team.
Describe your experience regarding performance discussion : Describe your experience regarding the performance discussion.Explain proven and effective ways to listen appropriately, resolve conflict, and negotiate.
Explain the cost-benefit analysis : "Cost-Benefit Analysis" Please respond to the following: In a heavily debated City Council meeting, one year ago, Cobb County learned that by buying larger.
What is inspiring about his story : What is inspiring about his story? What factors kept him involved?; what made him keep saying "yes" to opportunities?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd