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Suppose that prices of a gallon of milk at various stores in one town have a...
suppose that prices of a gallon of milk at various stores in one town have a...
suppose that prices of a gallon of milk at various stores in one town have a mean of $3.71$3.71 with a standard deviation of $0.11$0.11. Using Chebyshev's Theorem, what is the minimum percentage of stores that sell a gallon of milk for between $3.49$3.49 and $3.93$3.93? Round your answer to one decimal place.
3.2.35x At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume...
3.2.35x At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that the standard deviation price per gallon is S0.07 per gallon and use Chebyshev's inequality to answer the following (a) What percentage of gasoline stations had prices within 3 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean? (c)...
At one point the average price of regular unleaded gasoline was $3.45 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was $3.45 per gallon. Assume that the standard deviation price per gallon is $0.06 per gallon and use Chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 2 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 2.5 standard deviations of the mean? What are the gasoline prices that are within 2.5 standard deviations of the mean? (c) What...
235x Question Help * At one point the average price of regular unleaded gasoline was $3.47...
235x Question Help * At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that the standard deviation price per gallon is $0.07 per gallon and use Chebyshevs inequality to answer thefollowing. (a) What percentage of gasoline stations had prices within 3 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.04 per gallion and use Chebyshevs inequality to answer the following (a) What percentage of gasoline stations had prices within 2 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 2.5 standard deviations of the mean? What are the gasoline prices that are within 2.5 standard deviations of the mean? (c) What...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.05 per gallon and use Chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean? (c) What...
%) 32.35x At one point the average price of regular unleaded gasoline was $3.64 per gallon....
%) 32.35x At one point the average price of regular unleaded gasoline was $3.64 per gallon. Assume that the standard deviation price per gallon is $0.07 per gallon and use Chebyshev's inequality to answer the following (a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standad devations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean?...
An economist uses the price of a gallon of milk as a measure of inflation. She...
An economist uses the price of a gallon of milk as a measure of inflation. She finds that the average price is $4.00 per gallon and the population standard deviation is $0.33. You decide to sample 20 stores, collect their price for a gallon of milk, and compute the mean price for a sample. What is the probability that the sample mean is between $3.85 and $3.95? (Four decimal places)
Suppose that prices of recently sold homes in Sherwood Forest have a mean of $225,203 with...
Suppose that prices of recently sold homes in Sherwood Forest have a mean of $225,203 with a standard deviation of $6,534. Assuming that no information is given about the distribution of the prices of recently sold homes in Sherwood Forest, what is the minimum percentage of recently sold homes with prices between $211,389 and $239,017. Round your answer to 2 decimal places.
D Question 17 5 pts From a sample of 100 stores in your area you have...
D Question 17 5 pts From a sample of 100 stores in your area you have found that the mean price of a gallon of milk is $3.16. The mean nationally is $3.21 with a standard deviation of $0.19. Calculate the Z obtained. Round to the second decimal place.
3.2.35x At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that the standard deviation price per gallon is S0.07 per gallon and use Chebyshev's inequality to answer the following (a) What percentage of gasoline stations had prices within 3 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean? (c)...
At one point the average price of regular unleaded gasoline was $3.45 per gallon. Assume that the standard deviation price per gallon is $0.06 per gallon and use Chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 2 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 2.5 standard deviations of the mean? What are the gasoline prices that are within 2.5 standard deviations of the mean? (c) What...
235x Question Help * At one point the average price of regular unleaded gasoline was $3.47 per gallon. Assume that the standard deviation price per gallon is $0.07 per gallon and use Chebyshevs inequality to answer thefollowing. (a) What percentage of gasoline stations had prices within 3 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.04 per gallion and use Chebyshevs inequality to answer the following (a) What percentage of gasoline stations had prices within 2 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 2.5 standard deviations of the mean? What are the gasoline prices that are within 2.5 standard deviations of the mean? (c) What...
At one point the average price of regular unleaded gasoline was $3.49 per gallon. Assume that the standard deviation price per gallon is $0.05 per gallon and use Chebyshev's inequality to answer the following. (a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standard deviations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean? (c) What...
%) 32.35x At one point the average price of regular unleaded gasoline was $3.64 per gallon. Assume that the standard deviation price per gallon is $0.07 per gallon and use Chebyshev's inequality to answer the following (a) What percentage of gasoline stations had prices within 4 standard deviations of the mean? (b) What percentage of gasoline stations had prices within 1.5 standad devations of the mean? What are the gasoline prices that are within 1.5 standard deviations of the mean?...
D Question 17 5 pts From a sample of 100 stores in your area you have found that the mean price of a gallon of milk is $3.16. The mean nationally is $3.21 with a standard deviation of $0.19. Calculate the Z obtained. Round to the second decimal place.
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