Question Help ▼ 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 $2.836 per gallon and the standard deviation was $0.008 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 $2.834? The probability that the mean price per gallon is less than $2.834 is. (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
Section10.5: Comparing Sets Of Data
Problem 24HP
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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 $2.836 per gallon and the standard deviation was $0.008 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 $2.834?
The probability that the mean price per gallon is less than $2.834 is.
(Round to four decimal places as needed.)
Transcribed Image Text:Question Help ▼ 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 $2.836 per gallon and the standard deviation was $0.008 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 $2.834? The probability that the mean price per gallon is less than $2.834 is. (Round to four decimal places as needed.)
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