Homework Help is Here – Start Your Trial Now!
Math
Probability
The mean unleaded gas prices were compared between Baltimore, MD and Philadelphia, PA. To estimate the difference in the mean, a 95% confidence interval was used and computed to be (.45, .76). What conclusion can be made about the differences in the mean gas prices of the two cities?

The mean unleaded gas prices were compared between Baltimore, MD and Philadelphia, PA. To estimate the difference in the mean, a 95% confidence interval was used and computed to be (.45, .76). What conclusion can be made about the differences in the mean gas prices of the two cities?

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
See similar textbooks
icon
Related questions
Question
100%
Can you explain more on why D is correct?
11:15 AA A study.240tutoring.com (140) The Baltimore, MD sample displays a lot of variability in the mean data. There is no mention of variability in this problem, or enough information to come to this conclusion. The mean gas prices are the same in the two cities. The mean gas prices between the two cities most likely vary by at least $0.45. Since the confidence interval is 95% accurate and begins at $0.45, this is a strong conclusion. Back Next Correct Choice: D Your Choice: B
Transcribed Image Text:11:15 AA A study.240tutoring.com (140) The Baltimore, MD sample displays a lot of variability in the mean data. There is no mention of variability in this problem, or enough information to come to this conclusion. The mean gas prices are the same in the two cities. The mean gas prices between the two cities most likely vary by at least $0.45. Since the confidence interval is 95% accurate and begins at $0.45, this is a strong conclusion. Back Next Correct Choice: D Your Choice: B
6:40 AA A study.240tutoring.com (L40 + Return to course The mean unleaded gas prices were compared between Baltimore, MD and Philadelphia, PA. To estimate the difference in the mean, a 95% confidence interval was used and computed to be (.45, .76). What conclusion can be made about the differences in the mean gas prices of the two cities? There are no gas stations in Baltimore, MD that have the same gas price for unleaded as a gas station in Philadelphia, PA. The Baltimore, MD sample displays a lot of variability in the mean data. Back Next Correct Choice: D Your Choice: B
Transcribed Image Text:6:40 AA A study.240tutoring.com (L40 + Return to course The mean unleaded gas prices were compared between Baltimore, MD and Philadelphia, PA. To estimate the difference in the mean, a 95% confidence interval was used and computed to be (.45, .76). What conclusion can be made about the differences in the mean gas prices of the two cities? There are no gas stations in Baltimore, MD that have the same gas price for unleaded as a gas station in Philadelphia, PA. The Baltimore, MD sample displays a lot of variability in the mean data. Back Next Correct Choice: D Your Choice: B
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS