At one point the average price of regular unleaded gasoline was ​$3.44 per gallon. Assume that the standard deviation price per gallon is ​$0.05 per gallon and use​ Chebyshev's inequality to answer the following. ​(a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean? ​(b) What percentage of gasoline stations had prices within 1.5 standard deviations of the​ mean? What are the gasoline prices that are within 1.5 standard deviations of the​ mean? ​(c) What is the minimum percentage of gasoline stations that had prices between $3.24 and $3.64?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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At one point the average price of regular unleaded gasoline was
​$3.44 per gallon. Assume that the standard deviation price per gallon is
​$0.05 per gallon and use​ Chebyshev's inequality to answer the following.
​(a) What percentage of gasoline stations had prices within
3 standard deviations of the​ mean?
​(b) What percentage of gasoline stations had prices within
1.5 standard deviations of the​ mean? What are the gasoline prices that are within 1.5 standard deviations of the​ mean?
​(c) What is the minimum percentage of gasoline stations that had prices between $3.24 and $3.64?
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