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You Want to Estimate the Average Gas Price in Canada

question 43

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You want to estimate the average gas price in Canada for a litre of regular unleaded gasoline.You take a random sample of prices from 100 gas stations,recording an average cost of $1.37 and a standard deviation of $0.11.Create a 99% confidence interval for the mean price per litre of regular unleaded gasoline.


Definitions:

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A microbial process in the nitrogen cycle where ammonia is converted into nitrite and then into nitrate.

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The layer of gases surrounding a planet, essential for life on Earth, providing air to breathe and protecting from harmful solar radiation.

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The process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

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A pigment found in plants and algae that absorbs sunlight for photosynthesis, giving them their green color.

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