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A Sample of Five Full-Service Gasoline Stations, Each Carrying Three

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A sample of five full-service gasoline stations, each carrying three grades of gasoline, was taken, and the price per liter (to the nearest cent) was recorded for each grade of gasoline, as shown in the following table. A sample of five full-service gasoline stations, each carrying three grades of gasoline, was taken, and the price per liter (to the nearest cent) was recorded for each grade of gasoline, as shown in the following table.   What is the mean price of super unleaded gas? What is the mean price of super unleaded gas?


Definitions:

Commercial Banks

Financial institutions that offer a wide range of services such as accepting deposits, issuing loans, and providing basic investment products to the public and businesses.

Selling Securities

The act of offering stocks, bonds, or other financial instruments for sale to investors, either through public offerings or via private placements.

Mutual Fund

Financial intermediary that pools funds from investors by selling shares of itself and uses the funds to purchase securities.

Financial Institution

An organization that provides financial services to its clients or members, such as banks, credit unions, and insurance companies.

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