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What's the approximate probability that the average price for16gas stations is over localid="1648486706621" $4.69?

a. almost zero

b.0.1587

c.0.0943

d. unknown

Short Answer

Expert verified

The correct option is

a .almost zero

Step by step solution

01

Given information

Given in the question that, The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a mean of $4.59and a standard deviation of$0.10. Sixteen gas stations from the Bay Area are randomly chosen. We are interested in the average cost of gasoline for the 16gas stations.

02

Explanation

The cost of unleaded gasoline in the Bay Area, according to the data, has an unknown distribution with a mean of 4.59and a standard deviation of 0.10.There are16people in the sample.

Assume that Xis the cost of unleaded gasoline in the San Francisco Bay Area.

X¯represents the average cost of fuel for the 16 gas stations.

The Central Limit Theorem states that

According to the Central limit theorem,

X¯−Nμx,σxn

X¯−N4.59,0.1016

X¯~N(4.59,0.025)

03

Required probability 

The required probability is px¯>4.96{"x":[[81,81,81,81,81,81,81,81,82,82,82,83,83,83,83,83,83,83,83,83,83],[81,82,82,82,83,83,84,84,85,85,86,87,88,89,90,91,92,93,94,95,96,97,98,99,99,100,101,101,101,101,101,102,102,102,102,102,102,102,102,102,102,102,102,102,102,101,100,99,97,96,94,93,92,91,90,89,88,87,86,85,84,83,82,82],[127,127,126,125,124,124,123,122,121,121,120,119,119,119,118,118,118,118,118,118,118,118,118,118,118,119,119,120,120,120,120,121,121,121,122,122,123,123,123,124,124,125,126,127,128,129,130,131,132,133,134,135,136,137,137,138],[145,145,146,147,147,148,150,151,152,153,154,155,156,157,157,158,159,160,161,162,162,163,164,165,165,165,166,166,166,166,166,165,164,163,163,162,161,160,159,159,158,158,157,157,157],[174,173,172,171,170,169,168,167,166,165,165,164,164,163,163,163,163,163,163,164,165,165,166,167,167,168,169,170,171,172,172,173,173,174,174,175,175,176,176,177,178,179,180,181],[141,142,143,144,145,146,147,148,150,151,153,154,155,156,157,159,160,162,163,164,165,166,167,168,169,170,171,172,173,174],[195,196,197,198,199,200,200,201,202,203,204,205,205,206,207,208,209,210,211,211,212,214,214,215,216,217,217,218,219,220,220,221,222,223,223,224,224,225,225,226,226,227,227,226,225,225,224,223,222,221,220,219,218,217,215,214,213,212,211,210,209,208,207,207,206,205,205,204,204,203,202,201,200,199],[264,264,262,262,261,260,260,259,259,258,257,256,254,254,253,252,251,250,250,250,249,249,249,248,248,248,249,250,251,252,253,254,255,256,257,258,259,260,261,262,263,265,266,267,268,269,270,271,271,272,273,274,275,276,277,278,278,277,277,276,276,275,275,275,274,274,274,274,274,274,274,275,275,275,275,275,275,276,276,277,277,277,277,277],[291],[291,291],[330,329,328,327,326,325,324,322,321,320,319,318,317,316,315,314,314,313,313,313,313,313,313,313,313,313,313,313,314,314,314,315,315,316,317,318,318,319,320,321,322,323,324,325,326,327,328,329,329,330,331,331,332,332,332,332,332,332,332,332,332,332,332,331,331,331,331,331,331,331,331,332,332,332,333,333,334,335,335,336,336,337,338,339,339,340,341,341,341,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,342,343,344,345,345,346,346,346,347,347,348,349],[369,368,367,367,366,365,364,363,363,363,362,362,362,361,361,360,360,359,359,358,358,357,357,356,356,356,356,356,355,355,354,354,354,354,354,354,354,354,355,355,356,357,357,358,359,361,362,363,364,365,366,367,368,369,370,371,372,372,372,372,372,372,372,372,372,372,372,372,371,370,369,368,368,367,366,365,365,364,363,362,361,360,359,358,357],[390,392,393,394,396,397,399,400,401,402,404,406,407,408,409,410,411,412,413,414,415,416,418,419,422,424,425,427,429,431,431,432,432,433,433,433,434,434,434,434,434,434,434,434,434,434,434,433,432,430,429,429,427,426,424,423,421,420,420,419,418,417,416,415,414,413,411,410,409,408,406,405,403,402,401,399,398,397,396,395,394,393,393,392,391]],"y":[[66,67,69,70,73,75,77,79,82,83,87,89,91,93,94,95,96,97,98,99,100],[69,69,68,67,67,66,65,64,64,63,62,61,61,60,60,60,60,60,60,60,60,60,61,61,63,63,64,65,66,67,68,68,69,70,71,72,74,75,76,77,78,79,80,81,82,82,83,83,83,84,84,84,84,84,84,84,84,84,84,84,84,84,84,83],[57,58,58,59,60,61,62,64,65,66,67,68,69,70,70,71,72,73,74,75,76,77,78,79,80,81,82,82,83,84,85,85,86,87,88,89,90,91,92,92,93,94,94,95,95,95,95,95,95,95,95,95,95,95,96,96],[73,72,72,72,71,71,70,70,70,70,70,70,71,71,72,72,72,73,74,74,75,77,77,79,80,81,83,86,88,90,92,93,95,96,97,98,99,100,101,102,102,103,103,104,105],[70,70,70,70,71,71,71,72,73,73,74,74,75,75,76,77,78,79,80,81,81,82,83,83,84,85,85,86,87,87,88,88,89,89,90,90,91,91,92,92,92,92,92,92],[58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58,58],[60,60,60,60,61,61,62,62,62,63,64,64,65,65,65,66,67,67,67,69,69,70,71,71,72,72,73,73,74,74,75,75,76,76,77,77,78,78,79,79,80,81,82,83,83,84,85,86,86,87,88,88,89,89,90,91,92,93,93,93,94,95,95,96,96,96,97,97,98,98,99,100,101,101],[57,58,60,61,63,64,65,67,68,69,71,73,74,75,76,78,79,81,82,83,83,84,85,85,86,87,87,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,86,85,85,85,85,85,85,85,85,84,83,82,82,81,81,80,79,79,80,81,82,83,84,85,86,87,88,89,90,91,91,92,93,94,95,96,97],[82],[82,82],[60,60,60,60,60,60,60,60,60,60,60,60,60,60,60,61,62,62,63,64,65,66,67,68,69,71,72,73,74,75,76,76,77,78,78,79,80,80,80,80,80,80,80,80,80,80,80,80,79,78,77,76,76,75,74,73,72,71,70,69,68,67,66,65,64,63,61,60,59,58,59,59,60,61,61,63,64,65,66,68,69,70,71,72,73,74,75,76,77,77,78,79,80,81,82,83,84,85,86,87,88,89,90,92,93,95,96,97,98,99,101,103,104,107,108,109,110,111,112,112,112],[60,60,61,62,62,63,64,64,65,66,66,67,68,69,70,70,71,72,73,74,75,76,77,77,78,79,80,81,86,89,91,94,95,96,97,98,99,100,100,101,101,101,102,102,103,103,103,103,103,103,103,103,103,103,103,103,103,102,101,100,99,98,97,96,95,94,93,92,92,91,90,90,89,89,88,88,87,87,87,87,87,87,87,87,87],[39,39,39,39,40,41,41,42,43,44,45,46,47,48,49,50,51,52,53,55,55,57,59,60,64,67,69,72,75,76,78,78,79,81,82,84,85,87,88,89,91,92,93,95,96,97,99,101,101,103,105,106,108,109,111,113,114,116,117,118,119,119,120,120,121,122,123,123,123,124,124,124,125,125,125,125,125,125,125,125,124,124,123,123,123]],"t":[[0,289,306,323,340,356,373,392,410,423,439,457,474,490,511,523,540,556,573,590,623],[1876,2128,2139,2156,2173,2190,2223,2239,2256,2273,2289,2310,2330,2373,2389,2409,2439,2456,2472,2490,2506,2540,2556,2573,2589,2609,2623,2639,2659,2673,2690,2708,2722,2739,2756,2773,2806,2822,2839,2862,2908,2923,2939,2966,2990,3006,3023,3039,3056,3072,3090,3108,3122,3139,3156,3172,3191,3223,3239,3259,3283,3308,3389,3423],[4938,5223,5239,5256,5272,5306,5322,5339,5356,5372,5392,5423,5439,5460,5473,5489,5523,5539,5558,5592,5608,5642,5662,5684,5707,5725,5756,5773,5789,5809,5823,5845,5856,5882,5906,5939,5956,5972,6006,6022,6039,6068,6106,6122,6145,6165,6182,6206,6222,6239,6256,6286,6314,6356,6375,6423],[7582,7922,7939,7956,7972,7989,8008,8022,8045,8066,8090,8110,8122,8139,8156,8172,8190,8208,8223,8256,8275,8308,8322,8339,8356,8373,8390,8422,8439,8456,8472,8489,8507,8523,8540,8556,8572,8594,8609,8622,8639,8656,8672,8689,8772],[11640,11972,11991,12008,12022,12039,12055,12072,12089,12122,12139,12155,12183,12215,12237,12289,12339,12355,12376,12408,12425,12439,12460,12474,12489,12509,12522,12539,12565,12591,12605,12622,12639,12655,12677,12722,12739,12761,12790,12822,12839,12890,12936,13022],[18564,18904,18921,18938,18954,18971,18988,19004,19021,19038,19054,19071,19104,19121,19138,19154,19175,19207,19231,19252,19288,19304,19338,19357,19380,19407,19438,19455,19506,19622],[30322,30661,30713,30730,30770,30789,30808,30837,30854,30887,30938,30961,30975,31006,31020,31038,31088,31104,31122,31137,31154,31170,31189,31204,31220,31248,31255,31270,31290,31307,31321,31337,31354,31373,31404,31420,31437,31457,31504,31537,31554,31604,31856,31890,31920,31937,31954,31970,31987,32004,32021,32037,32055,32071,32089,32107,32120,32142,32162,32190,32207,32254,32270,32290,32307,32324,32345,32354,32372,32406,32454,32504,32554,32620],[36943,37254,37270,37287,37304,37320,37337,37354,37370,37387,37404,37437,37453,37470,37487,37503,37537,37554,37570,37589,37603,37620,37637,37660,37703,37770,38115,38137,38153,38170,38187,38207,38240,38268,38304,38320,38337,38353,38370,38390,38421,38437,38463,38489,38514,38537,38555,38625,38646,38660,38681,38713,38723,38772,38837,38862,38984,39037,39053,39070,39087,39120,39137,39163,39190,39487,39525,39570,39624,39670,39687,39703,39720,39737,39763,39778,39826,39853,39887,39920,39938,39966,40020,40070],[42154],[42373,42392],[46259,46586,46603,46620,46638,46653,46670,46689,46703,46720,46743,46786,46803,46820,46841,46903,46952,46970,46986,47003,47020,47036,47057,47080,47103,47120,47148,47169,47220,47237,47253,47270,47303,47320,47337,47357,47379,47403,47437,47453,47470,47503,47536,47553,47574,47603,47636,47658,47672,47703,47742,47763,47771,47803,47837,47853,47870,47890,47903,47920,47951,47972,48003,48022,48053,48087,48132,48154,48212,48282,48441,48456,48475,48503,48520,48537,48553,48573,48603,48636,48653,48670,48686,48703,48720,48736,48753,48770,48786,48803,48820,48838,48853,48870,48920,48936,48953,48970,48989,49003,49020,49036,49053,49070,49103,49120,49136,49153,49170,49187,49203,49220,49237,49253,49270,49287,49303,49320,49336,49356,49460],[55339,55689,55709,55735,55753,55770,55790,55803,55819,55836,55853,55869,55889,55903,55944,55953,55981,55990,56003,56020,56036,56053,56086,56093,56136,56186,56219,56236,56253,56269,56286,56303,56320,56336,56370,56386,56436,56453,56469,56486,56519,56545,56553,56574,56603,56636,56657,56688,56720,56736,56755,56776,56819,56853,56887,56902,56944,56952,56981,57003,57036,57053,57079,57108,57132,57151,57187,57206,57221,57253,57269,57303,57319,57336,57369,57419,57436,57486,57569,57620,57680,57707,57733,57786,57836],[62246,62512,62522,62536,62553,62570,62586,62603,62620,62636,62653,62669,62686,62703,62719,62736,62753,62769,62787,62803,62819,62836,62853,62870,62886,62903,62920,62938,62970,63003,63013,63022,63038,63057,63069,63086,63103,63119,63136,63153,63169,63186,63202,63221,63236,63252,63270,63286,63304,63319,63336,63353,63369,63386,63403,63419,63452,63469,63486,63502,63519,63536,63552,63569,63586,63602,63619,63647,63655,63669,63690,63703,63719,63736,63753,63769,63786,63803,63820,63836,63853,63870,63902,63936,63954]],"version":"2.0.0"}

To see the probability that the average price for 16gas stations is over $4.69, use the Ti-83calculator. For this, click on 2nd, then DISTR, then scroll down to the normcdf option and fill in the provided information. After that, press the calculator's ENTER key to get the desired result. The following is a screenshot:

Therefore, the probability that average price for 16gas stations is over $4.69is:

P(X¯>$4.69)=1−P(X¯<$4.69)

=1−0.99997

=0.00003

Thus, probability is almost0. So, the correct option is 'a'

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Most popular questions from this chapter

Determine which of the following are true and which are false. Then, in complete sentences, justify your answers.

a. When the sample size is large, the mean of X¯is approximately equal to the mean of X.

b. When the sample size is large, X¯is approximately normally distributed.

c. When the sample size is large, the standard deviation of X¯is approximately the same as the standard deviation of X.

Men have an average weight of 172pounds with a standard deviation of 29pounds.

a. Find the probability that 20randomly selected men will have a sum weight greater than 3600lbs.

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a. What is the probability that the sum of the sample is between seven hours and ten hours? What does this mean in context of the problem?

b. Find the 84thand 16thpercentiles for the sum of the sample. Interpret these values in context.

A manufacturer produces 25-pound lifting weights. The lowest actual weight is 24pounds, and the highest is 26pounds. Each weight is equally likely so the distribution of weights is uniform. A sample of 100weights is taken.

Find the probability that the mean actual weight for the 100 weights is greater than 25.2.

The Screw Right Company claims their 34inch screws are within ±0.23ofthe claimed mean diameter of 0.750inches with a standard deviation of 0.115inches. The following data were recorded.

0.757
0.723
0.754
0.737
0.757
0.741
0.722
0.741
0.743
0.742
0.740
0.758
0.724
0.739
0.736
0.735
0.760
0.750
0.759
0.754
0.744
0.758
0.765
0.756
0.738
0.742
0.758
0.757
0.724
0.757
0.744
0.738
0.763
0.756
0.760
0.768
0.761
0.742
0.734
0.754
0.758
0.735
0.740
0.743
0.737
0.737
0.725
0.761
0.758
0.756

The screws were randomly selected from the local home repair store.

a. Find the mean diameter and standard deviation for the sample

b. Find the probability that 50randomly selected screws will be within the stated tolerance levels. Is the company’s diameter claim plausible?

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