Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability. In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.888 per gallon and the standard deviation was $0.009 per gallon. A random sample of size 50 is drawn from this population. What is the probability that the mean price per gallon is less than $2.884? The probability that the mean price per gallon is less than $2.884 is.0035 (Round to four decimal places as needed.)

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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I have absolultely no understanding of how to solve this the formulas given in the text make no sense. I feeling like I'm missing a step somewhere. Can you please break it down for me

Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability.
In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.888 per gallon and the standard deviation was $0.009 per gallon. A random
sample of size 50 is drawn from this population. What is the probability that the mean price per gallon is less than $2.884?
The probability that the mean price per gallon is less than $2.884 is.0035
(Round to four decimal places as needed.)
Transcribed Image Text:Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability. In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.888 per gallon and the standard deviation was $0.009 per gallon. A random sample of size 50 is drawn from this population. What is the probability that the mean price per gallon is less than $2.884? The probability that the mean price per gallon is less than $2.884 is.0035 (Round to four decimal places as needed.)
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