Home / Questions / An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroadsTh...

An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroadsThe Agricultural Marketing Service publishes tariff rates for railroad-car shipments of ethanol in the

An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. The Agricultural 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. Interpret your answer in terms of sampling error.

May 01 2020 Read more Less More

Answer (Solved)

question Subscribe To Get Solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form