Question:
Determine if the finite correction factor should be used. If
Last updated: 7/15/2022
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Determine if the finite correction factor should be used. If so, use it in your calculations when you find the probability. In a sample of 700 gas stations, the mean price for regular gasoline at the pump was $2.861 per gallon and the standard deviation was $0.008 per gallon. A random sample of size 55 is drawn from this population. What is the probability that the mean price per gallon is less than $2.858? The probability that the mean price per gallon is less than $2.858 is (Round to four decimal places as needed.)