What Is the Likelihood of Finding a Price Between $3

question 73

Multiple Choice

What is the likelihood of finding a price between $3.80 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)0.3413
• B)0.4641
• C)0.2638
• D)0.5746

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