www.mathod.com BBA 303-SUMMER 2017 elion mustafa&79/17 434 PM Homework: Chapter
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www.mathod.com BBA 303-SUMMER 2017 elion mustafa&79/17 434 PM Homework: Chapter 5 Save Score: 0 of 1 pt 380t 45 (44 complete) HW Score: 89 96%, 40 48 of 45 pts 5.4.39 oestion Heip Determine·the finite conection factor should be used If so se k in your calculations when you find the probat!ty In a sample of 900 gas stationsthe mean price for reglar gasoline at the pipaas S2811 per gtio, and n·standed maton en soos pergan Arakan sample of size 60 is drawn from this population What is the probability that the mean price per gallon is less than $2 809 The probability that the mean price per gallon is less than $2 809 is Round to four decimal places as needed) Enter your answer in the answer box and then cick Check Answer All parts showing cea AllExplanation / Answer
P(X < x ) = P(Z < x - mean/std/sqrt(z))
P(X < 2.809)
= P(Z < 2.809 - 2.811/0.009/sqrt(60))
= P(Z < -1.7213)
= 0.0426
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