Suppose the average price of gasoline for a city in the United States follows a continuous uniform distribution with a lower bound of $3.50 per gallon and an upper bound of $3.80 per gallon. What is the probability a randomly chosen gas station charges between $3.70 and $3.90 per gallon?
A. 0.3000
B. 1.0000
C. 0.6667
D. 0.3333
Solution :
Given that,
a = 3.50
b = 3.80
P(c < x < d) = (d - c) / (b - a)
P(3.70 < x < 3.90) = (3.90 - 3.70) / (3.80 - 3.50) = 0.2 / 0.3 = 0.6667
Probability = 0.667
Option C)
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