Find the probability and interpret the results. If convenient, use technology to

Question

Find the probability and interpret the results. If convenient, use technology to find the probability. During a certain week the mean price of gasoline was $2.713 per gallon. A random sample of 35 gas stations is drawn from this population. What is the probability that the mean price for the sample was between $2.693 and $2.728 that week? Assume sigma = $0.049. Click the icon to view page 1 of the standard normal table. Click the icon to view page 2 of the standard normal table (Round to four decimal places as needed.) Interpret the results. Choose the correct answer below. A. About 96% of the population of 35 gas stations that week will have a mean price between $2.693 and $2.728 B. About 4% of samples of 35 gas stations that week will have a mean price between $2.693 and $2.728. C. About 4% of the population of 35 gas stations that week will have a mean price between $2.693 and$2.728.

Explanation / Answer

Option b is correct..... . . ... . . . .. . . . . . . . . .

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