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The price of a gallon of milk follows a normal distribution with a mean of $3.20 and a standard deviation of $0.10. What proportion of the milk vendors have prices that were less than $3.12 per gallon

Respuesta :

okpalawalter8

Answer:

[tex]P(x<3.12)= 0.21186[/tex]

Step-by-step explanation:

Mean [tex]\=x=\$3.20[/tex]

Standard deviation [tex]\sigma =\$0.10[/tex]

Estimated price [tex]y=\$3.12[/tex]

Generally the equation for P(x<3.12) is mathematically given by

 [tex]P(x<3.12)=P(\frac{y-x}{\sigma}<-\frac{3.12-3.20}{0.10})[/tex]

 [tex]P(x<3.12)=(z<-0.8)[/tex]

Since from Z table

 [tex]P(x<3.12)= 0.21186[/tex]

Therefore the  proportion of the milk vendors that have prices that were less than $3.12 per gallon is

 [tex]P(x<3.12)= 0.21186[/tex]

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