Determine if the finite correction factor should be used. If​ so, use it in your calculations when you find the probability. In a sample of 800 gas​ stations, the mean price for regular gasoline at the pump was $2.816 per gallon and the standard deviation was ​$0.008 per gallon. A random sample of size 45 is drawn from this population. What is the probability that the mean price per gallon is less than ​$2.812​?

Answers

Answer 1

Answer:

0.0003 = 0.03% probability that the mean price per gallon is less than ​$2.812​

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal probability distribution

When the distribution is normal, we use the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Finite correction factor:

If the sample is more than 5% of the population, instead of Central Limit Theorem, we use the finite correction factor, as the standard deviation of the sampling distribution would be too big.

The mean price for regular gasoline at the pump was $2.816 per gallon and the standard deviation was ​$0.008 per gallon.

Large sample, so this can be treated as the population data. Then [tex]\mu = 2.816, \sigma = 0.008[/tex]

Sample of 45:

45/800 = 0.056 = 5.6% -> Sample more than 5% of the population, so we use the finite correction factor. This means that s will be multiplied by:

[tex]FCF = \sqrt{\frac{N-n}{N-1}}[/tex]

In which n is the size of the sample(45) and N is the size of the population (800). So

[tex]FCF = \sqrt{\frac{755}{799}} = 0.9721[/tex]

By the Central Limit Theorem, [tex]n = 45, s = 0.9721*\frac{0.008}{\sqrt{45}} = 0.00116[/tex]

What is the probability that the mean price per gallon is less than ​$2.812​?

This is the pvalue of Z when X = 2.812. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{2.812 - 2.816}{0.00116}[/tex]

[tex]Z = -3.45[/tex]

[tex]Z = -3.45[/tex] has a pvalue of 0.0003

0.0003 = 0.03% probability that the mean price per gallon is less than ​$2.812​


Related Questions

if a Biro costs 12.50naira. How many biros can buy with 300 naira?​

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Answer:

300\12.50

Step-by-step explanation:

that will be your answer bra

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21 x 15 = (20 + 1) x 15 =

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Answer:

hello! have a good day!

21 x 15 = (20 + 1) x 15 = 315

A clubs first meeting was attended by 2 people. The second meeting was attended by 4 times as many people as the first meeting. How many people attended the second meeting?

Answers

Answer:

The answer would be 8 people attended in the second meeting.

Step-by-step explanation:

Multiply 2 by 4 to get 8.

Please help this is due today!

Calculate the unknown missing angle measures.

Do not answer this with one answer ,blank, or a ridiculous answer.... this is serious please.

Answers

Answer:

well it is a right trianlg that means that the first side is 90 degrees

and the other two sides are 45 because they look the same angles so 180 minus 90 = 90 divide that by 2 to get 45

Step-by-step explanation:

Find the volume of the sphere below in terms of pi? Round to the nearest tenth
8 cm

Answers

Answer:

B

Step-by-step explanation:

Answer:

b) 682.7

Step-by-step explanation:

4/3 π r3

1.33 x  π x (8x8x8)

1.33 x 512 x  π

681 . 9  π cm3 (round it to nearest tenth) = 682.7

Word problem please help thank you

Answers

Answer:

The equation would be           P(t) = 280t + 3310              

The estimated number of moose in 2008 would be 8350 moose.

Step-by-step explanation:

First we will have to find out by how much will the number of moose increase each year. In order to do that we the number by which the population of moose increase, by the difference between 1991 and 1999. And so we get...

[tex]\frac{5830-3590 }{1999 - 1991} = \frac{2240}{8} = 280[/tex]

Now that we know by how much the number of moose increases each year, we can make the following equation...

Let "t" be the number of years from 1990, then...

P(t) = 280t + 3310

(if you are wondering why is it 3310, it is because you have to put in the number of moose that was there in 1990 and you can get that number by substracting 280 from the number of moose in 1991).

Based on the linear relation we figured out, the number of moose in 2008 would be predicted to be...

P(t) = 280t + 3310

P(2008 - 1990) = 280(2008 - 1990) + 3310

P (18) = 280(18) + 3310

P(18) = 8350

Evilate the functions

f(x+7)=

Answers

Answer:

hindi ko alam pano bayanpasenya na

Find the area of the kite.

Area=
(Simplify your answer)

Answers

I’m pretty new at this but i think you would multiply 6 by 7 to both sides and then divide by 2 and then do the same with 3 and 6 divide by two and then add them together to get 60?

Stephen Simmons received a single payment loan for a loan for $6,200. he agreed to repay the loan and 160 days at an interest rate of 10% ordinary interest. What is the maturity value of his loan when he pays it back in 160 days. 

Answers

9514 1404 393

Answer:

  $6475.56

Step-by-step explanation:

The maturity value is ...

  A = P(1 +rt)

where P is the principal amount, r is the annual rate, and t is the number of years. For ordinary interest, a year is 360 days, so the number of years is 160/360 = 4/9.

The loan value is ...

  A = $6200(1 + 0.10×4/9) ≈ $6475.56

Stephen's loan has a maturity value of $6,475.56.

Explain the two ways we can find the slope from an equation written in STANDARD FORM. Which way is more convenient and WHY?

Answers

Answer: Derivative or y = mx + b

Step-by-step explanation:

Take the m value from the standard form equation:

y = mx + b

Or, the second way, is to take the derivative of the function and plug in your x value for your slope.

The derivative of a linear function is very easy to take, so it boils to preference

Can you please help me
Step-by-step explanation please

Answers

Answer:

x=9

Step-by-step explanation:

It’s a ratio.

2/6=5/(6+x)

cross-multiply

12+2x=30

2x=30-12

2x=18

x=9

Or even more simply:

2/6=3/x

2x=18

x=9

7. Look at the picture.
There are designated walkways for people at this beach. Why are these walkways constructed?
A) To keep people away from the other animals that live there.
B) To beautify the beach area in order to attract more tourists.
C) To protect the people, especially children, who visit the beach.
D) To protect sand dunes from foot-traffic that contributes to erosion.

Answers

Answer:

A

Step-by-step explanation:

Walkways are constructed to keep people away from the other animals that live there. Therefore, the correct option is option A.

What is walkway?

In American English, "walkway" refers to any artificial surface or building that facilitates the use of trails. A walkway is described as "a tunnel or path for strolling along, especially. a raised hallway connecting separate sections of such a building or perhaps a wide path inside a park or garden" in the New English American Dictionary.

In New Zealand, wherein "walkways vary significantly in nature, between short urban strolls, to easy seaside areas, to demanding tramps in the high country [mountains]," the word is used to designate a footpath. Walkways are constructed to keep people away from the other animals that live there.

Therefore, the correct option is option A.

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What is the answer to n/4 = -9

Answers

Answer: n=-36

Step-by-step explanation:

Answer:

-36

Step-by-step explanation:

n/4=-9

Can be rewritten as

n/4 x 4 = -9x4

simplify

n=-36


pa^2 + qb^2 + pb^2 + qa^2​

Answers

Answer:

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3(6+b)-(2b +1)
Simplify the expression

Answers

the simplified version is b+17

Step-by-step explanation:

3(6+b)-(2b+1)

=18+3b-2b+1

=18+1+3b-2b

=19+b

Divide 81/20 how to divide please give step by step explanation ​

Answers

Hi there!

[tex]81*20=4\frac{1}{20}[/tex]

Let see how much 20 goes into 80:

[tex]20,40,60,80[/tex]

That would be 4 time...

Subtract terms with terms:

[tex]81-80=1[/tex]

Remainder would be 1.

Convert term into fraction:

[tex]\frac{1}{20}[/tex]

Final Result:

[tex]4\frac{1}{20}[/tex]

What equivalent ratio to 5:15?

Answers

Answer:

10 : 30

Step-by-step explanation:

Answer:

10:30

----------------------

6p² equals to..................​

Answers

Answer:

36p is the correct answer

A polygon is shown below.
26 cm
U
12 cm
1.
26 cm
X W
16 cm
Y
7 cm
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O A 87 cm
O B. 120 cm
O C. 468 cm2
OD. 494 cm2

Answers

I still haven't reached that exercise, sorry

The zoo charges $14.50 for each visit, or you can buy a membership for $100

Answers

Answer:

Step-I’m going to need more information

Answer:

ill rather buy the membership

Step-by-step explanation:

Because its less money for more times to go to the zoo.

please tell fast plzzzzzz​

Answers

Step-by-step explanation:

1x+4x=180(sum of supplementary angles)

5x. =180

x. =180/5

x. = 36

pablo will rent a car for the weekend. he can choose one of two plans. the first plan has an initial fee of $55.96 with additional costs of $0.12 per mile driven. the second plane has an initial fee of $63.96 and costs an additional $0.08 per mile driven. how many miles does pablo drive to make the miles the same?

Answers

Answer:

200 miles

Step-by-step explanation:

63.96+(.08x)=55.96+(.12x). x=200. 63.96+(.08x200)=79.96. 55.96+(.12x200)= 79.96

Answer:

your the one

Step-by-step explanation:

ajhayajsjsusudhdhdhxdhfd

What expression simplifies to 2i ? help asap lots of points

Answers

Answer:

Step-by-step explanation:

First, consider the following expression.

(6x + 8) + (4x + 2)

To simplify this expression, you combine the like terms, 6x and 4x. These are like terms because they have the same variable with the same exponents. Similarly, 8 and 2 are like terms because they are both constants, with no variables.

(6x + 8) + (4x + 2) = 10x + 10

The absolute value of the complex number, 2i, is 2. We can put the complex number, 2i, in the form a + bi by letting a = 0.

What is the volume of the triangular prism to the nearest whole unit.

Answers

Answer: 720ft

Step-by-step explanation:

15 x 3=45

45 x 16= 720

Hope this helps

6 grade math pls help and do step by step

Answers

Answer:

14

Step-by-step explanation:

13-2=11 then 11x 3 =33 then 33-25=8+=14

Answer:

Step-by-step explanation:

PEMDAS is going to be your best friend bud. It stands for Parenthesis, Exponents, Multiplication/Division, Addition/Subtraction. This is the order you will use for all problems like this in the future. Start by solving everything inside the parenthesis.

6+3(11)-5^2=?

Now that all the parenthesis are gone we move on to exponents.

6+3(11)-(5*5)=?

6+3(11)-25=?

Now that all exponents are gone we solve for multiplication and division, whichever comes first when reading from left to right.

6+33-25=?

The final step is to add and subtract from left to right.

Hope this helps!

Use this model to calculate
3/8 times 2/6
A.16/18 B.13/24 C.6/48 D5/48

Answers

Answer:

Step-by-step explanation:

i do not see any model, but the answer is

3/8*2/6=6/48

The solution of the expression 3/8 times 2/6 is,

⇒ 6/48

What is Multiplication?

To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.

Given that;

The expression is,

⇒ 3/8 times 2/6

Now, We can simplify as;

⇒ 3/8 times 2/6

⇒ 3/8 × 2/6

⇒ 6/48

Thus, The solution of the expression 3/8 times 2/6 is,

⇒ 6/48

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HELP ......,,,,,...,,.....

Answers

Answer:

6. Not similar.

7. Not similar.

8. Not similar.

Step-by-step explanation:

6. Reduce all ratios to simplest form 16:20 = 4:5 ; 12:15 = 4:5 ; 20:26 = 10:13 not all of the sides follow the same ratio, so the triangles are not similar.  

7. None of the side lengths are shown. You can find the missing angles of the triangle however, only one of the angles is congruent to the other, so the triangles are not similar.

8. We know that 2 of the sides of each triangle are congruent, and the angle in between the sides are also congruent, which follows the SAS similarity conjecture. However, given that the sides are congruent, not similar in ratio, I can conclude that the triangles are congruent, not similar.

PS. It would mean the world to me if you could mark me brainliest!

Side note- I am not a professional, I just have done this a few months in the past! Best of luck!

Please help this is due today!

Use the diagram to complete the statements using correct notation. If there is not enough information to prove congruency, explain why:

Example cannot be determined

If it’s a congruent, the congruence reason has to be SAS SSS ASA OR SAA

Do not answer this with one answer ,blank, or a ridiculous answer.... this is serious please.

Answers

Answer:

Can not be determined.

Step-by-step explanation:

From the figure attached,

In ΔHFS and ΔIFS,

Side HS ≅ Side HI [Given]

∠HFS ≅ ∠IFS [Given]

Side FS ≅ Side FS [Reflexive property]

But there is no property of SSA (Side-side-angles for the congruence of two triangles)

Therefore, answer is "can not be determined".

For the sequence defined by a1=2

An+1=5/an-4

Answers

Answer:

i thnk is 239.213

Step-by-step explanation:

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