Question #51309
The average price per gallon of unleaded regular gasoline was reported to be $2.34 in northern Kentucky. Use this price as the population mean, and assume that the population standard deviation is $0.20.

1. For a random sample of 64 service stations, find the standard deviation of the sampling distribution of the sample mean.

2. For a random sample of 100 service stations, find the standard deviation of the sampling distribution of the sample mean.
1
Expert's answer
2015-03-17T09:17:20-0400
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