If the price of gasoline follows a normal distribution, has

Painevg

Painevg

Answered question

2022-01-18

If the price of gasoline follows a normal distribution, has a mean of $2.30 per gallon, and a standard deviation of $0.10 per gallon. What percentage of gasoline is sold between $2.20 and $2.40 per gallon?

Answer & Explanation

sonSnubsreose6v

sonSnubsreose6v

Beginner2022-01-18Added 21 answers

The range $2.20 to $2.40 is exactly ±1 standard deviations from the mean.
Explanation:
According to the Empirical Rule, 68% of gasoline will be sold ±1
standard deviations from the mean of $ 2.30 per gallon

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