Eam 1, Fall 2017 ECON 300 Name Marck purchased milk from two different stores la

Question

Eam 1, Fall 2017 ECON 300 Name Marck purchased milk from two different stores last month The following table hwsthe price er nd the gallons of milk L. Stone Determine the sverage price per galion that Boe paid for the mil b) What is the standend deviation of the price of milk? 2. Fifty percest efthe employees in a utility coopany are min Finy e(the milera 30K a yewr. Twenty-five pencent of the employees are male and can more than S30K a tran, employee istukea st randen, what i, ht probably 30Kyear the mplom i.micalon- d Ien cngle is takon at randosn, what is the peolability thst bhe onployee sale a $30K a year e. The enmploy takn The emiployee tukon at rondone ts ou to be malie Compute the protablity te $30K a year

Explanation / Answer

1.

Store gallon puchased price /gallon walmart 20 3 krogs 30 4 Average 25 3.5 Standard Deviation 7.071067812 0.707106781

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