Solved

Suppose the Average Price of Gasoline for a City in the United

Question 88

Multiple Choice

Suppose the average price of gasoline for a city in the United States follows a continuous uniform distribution with a lower bound of $3.50 per gallon and an upper bound of $3.80 per gallon. What is the probability a randomly chosen gas station charges more than $3.70 per gallon?


A) 0.3000
B) 0.3333
C) 0.6667
D) 1.0000

Correct Answer:

verifed

Verified

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

Related Questions