The MPG (Miles Per Gallon) for a Certain Compact Car

question 25

Multiple Choice

The MPG (miles per gallon) for a certain compact car is normally distributed with a mean of 31 and a standard deviation of 0.8. What is the probability that the MPG for a randomly selected compact car would be less than 32?

• A)0.3944
• B)0.8944
• C)0.1056
• D)0.5596

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Definitions:

Prices

The price necessary to obtain a good, service, or piece of property.

Income

The money received by an individual or organization, typically measured on a regular basis, for work or through investments.

MRS of Pencils

The marginal rate of substitution of pencils, indicating how much of another good a consumer is willing to give up for one more pencil.

Utility

In economics, a measure of satisfaction or happiness that a consumer derives from consuming goods and services.