In 2007, the mean price per pound of lobster in New England was $11.48 and the standard deviation was $2.12. A histogram of the data shows that the distribution is symmetrical. A local New England grocer is selling lobster for $8.99 per pound. What is this price in standard units? Assuming the Empirical Rule applies, would this price be considered unusual or not? Round to the nearest hundredth.
A) z = 1.17; This is unusually expensive lobster.
B) z = 1.17; This price would not be unusual.
C) z = - 1.17; This is unusually inexpensive lobster.
D) z = - 1.17; This price would not be unusual.
Correct Answer:
Verified
Q7: The following nine values represent race finish
Q8: Use the following information to answer the
Q9: The mean price of a pound of
Q10: The following list shows the age at
Q11: Between what two values would you expect
Q13: A city planner says, "The typical commute
Q14: Use the following information to answer the
Q15: The following list shows the age at
Q16: Use the following information to answer the
Q17: Use the following information to answer the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents