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Answer to Question #16085 in Statistics and Probability for ressi
Question #16085
The cost of unleaded gasoline in the Bay Area once followed an unknown distribution with a mean of $2.39 and a standard deviation of $0.04. Twenty-five gas stations from the Bay Area are randomly chosen. We are interested in the average cost of gasoline for the 25 gas stations.
What is the distribution to use for the average cost of gasoline for the 25 gas stations? (Round your standard deviation to three decimal places.)
What is the distribution to use for the average cost of gasoline for the 25 gas stations? (Round your standard deviation to three decimal places.)
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