Mathematics, 26.03.2021 03:20 mangowammy

An ethanol railroad tariff is a fee charge for shipments of ethanol on public railroads. The Agriculture Marketing Service publishes tariff rates for railroad-car shipments of ethanol in the Biofuel Transportation Database. Assuming that the standard deviation of such tariff rates is $1150, determine the probability that the mean tariff rate of 500 randomly selected railroad-car shipments of ethanol will be within $100 of the mean tariff rate of all railroad-car shipments of ethanol.

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An ethanol railroad tariff is a fee charge for shipments of ethanol on public railroads. The Agricul...