An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association pu

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association pu

Post by answerhappygod »

An Ethanol Railroad Tariff Is A Fee Charged For Shipments Of Ethanol On Public Railroads An Agricultural Association Pu 1
An Ethanol Railroad Tariff Is A Fee Charged For Shipments Of Ethanol On Public Railroads An Agricultural Association Pu 1 (9.51 KiB) Viewed 31 times
An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association publishes tariff rates for railroad-car shipments of ethanol. Assuming that the standard deviation of such tariff rates is $1150, determine the probability that the mean tarif rate of 250 randomly selected railroad-car shipments of ethanol will be within $100 of the mean tariff rate of all railroad-car shipments of ethanol Interpret your answer in terms of sampling error. The probability is (Round to three decimal places as needed.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”