Solved

The Mean Price of a Pound of Ground Beef in 75

Question 40

Multiple Choice

The mean price of a pound of ground beef in 75 cities in the Midwest is $2.11 and the standard deviation is $0.56. A histogram of the data shows that the distribution is symmetrical. A local Midwest grocer is selling a pound of ground beef for $3.25. What is this price in standard units?
Assuming the Empirical Rule applies, would this price be unusual or not? Round to the nearest Hundredth.


A) z=2.04 z=2.04 ; This price would not be unusual.
B) z=2.04 z=-2.04 ; This is unusually inexpensive ground beef.
C) z=2.04 z=2.04 ; This is unusually expensive ground beef.
D) z=2.04 z=-2.04 ; This price would not be unusual.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions