document.write( "Question 1184185: Suppose that the mean retail price per gallon of regular grade gasoline in the United States is $3.45 with a standard deviation of $.20 and that the retail price per gallon has a bell shaped distribution. What percentage of a regular grade gasoline sold for more than $3.85 per gallon \n" ); document.write( "
Algebra.Com's Answer #814871 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
population mean = 3.45
\n" ); document.write( "population standard deviation = .20\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "z = (x - m) / s
\n" ); document.write( "z is the z-score
\n" ); document.write( "x is the raw score
\n" ); document.write( "m is the raw mean
\n" ); document.write( "s is the standard deviation.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "formula becomes:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "z = (3.85 - 3.45) / .2 = 2.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "area to the right of a z-score of 2 is equal to .022750062.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "that's the probability of the price of gasoline being greater than 3.85.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "the probability of .022750062 rounds to .0228 as shown in the following diaplay of the z-score calculator by david m. lane.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "the z-score calculator can work off the mean and standard deviation to give you the raw score, as shown.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "the z-score calculator gives you the z-score if the mean is set to 0 and the standard deviation is set to 1.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "here's the display when looking for the z-score.\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );