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Suppose the Average Price of Gasoline for a City in the United

question 88

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Suppose the average price of gasoline for a city in the United States follows a continuous uniform distribution with a lower bound of $3.50 per gallon and an upper bound of $3.80 per gallon. What is the probability a randomly chosen gas station charges more than $3.70 per gallon?


Definitions:

Autoerotic Asphyxiation

A dangerous sexual practice involving the intentional restriction of oxygen to the brain for the purposes of enhancing sexual arousal and orgasm.

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Pertaining to a paraphilia where sexual arousal and gratification depend on experiencing pain or humiliation.

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A part of a garment that encircles the neck, typically varying in style and width.

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refers to individuals or entities that own shares in a corporation, giving them partial ownership of the company and rights to dividends and a say in corporate governance.

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