Use the following to answer the next two exercises: The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a mean of $4.59 and a standard deviation of $0.10. Sixteen gas stations from the Bay Area are randomly chosen. We are interested in the average cost of gasoline for the 16 gas stations.
X ~ N(60, 9). Suppose that you form random samples of 25 from this distribution. Let be the random variable of averages. Let ΣX be the random variable of sums. For parts c through f, sketch the graph, shade the region, label and scale the horizontal axis for , and find the probability.
- Sketch the distributions of X and on the same graph.
- ~ _____(_____,_____)
- P( < 60) = _____
- Find the 30th percentile for the mean.
- P(56 < < 62) = _____
- P(18 < < 58) = _____
- Σx ~ _____(_____,_____)
- Find the minimum value for the upper quartile for the sum.
- P(1,400 < Σx < 1,550) = _____
OpenStax Introductory Statistics 2e, 7.3 Using the Central Limit Theorem, exercise 49