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The American Auto Association Reports That the Mean Price Per

Question 96

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The American Auto Association reports that the mean price per gallon of regular gasoline is $3.10, with a population standard deviation of $0.20. Assume a random sample of 16 gasoline stations is selected and their mean cost for regular gasoline is computed. What is the probability that the sample mean is between $2.98 and $3.12?

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0.6472
Explanation: We use the...

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