What Is the Likelihood of Finding a Price Between $3

question 93

Multiple Choice

What is the likelihood of finding a price between $3.68 and $3.85 for a gallon of gasoline from a normally distributed population of gas prices? Assume μ = $3.78 and σ = $0.05.

• A)0.058
• B)0.8965
• C)1.0
• D)0.2257

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