Essay
Use the following
On August 8, 2012, the national average price for a gallon of regular unleaded gasoline was $3.63. The prices for a random sample of n = 10 gas stations in the state of Illinois were recorded at that time. The mean price for the sampled gas stations was $3.975, with standard deviation $0.2266. A boxplot of the data is provided.
-Is it reasonable to use the t-distribution to perform a test about the average gas price in Illinois (on August 8, 2012)?
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Yes, even though the sample size is smal...View Answer
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