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An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association publish
tariff rate of all There is about a % chance that the sampling error made in estimating the railroad-car shipments of ethanol
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Answer #1

1)

standard deviation σ= 1150
sample size       =n= 500
std error=σ=σ/√n= 51.4296
probability is =P((-90-0)/51.43)<Z<(90-0)/51.43)=P(-1.75<Z<1.75)=0.9599-0.0401=0.9198

2)

there is about 91.98 % chance that the sampling error made in estimating mean tarriff rate of all railroad,,,,,will be at most $90

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