Mathematics
Mathematics, 29.10.2019 23:31, kholman

Agas station earns $2.60 in revenue for each gallon of regular gas it sells, $2.75 for each gallon of midgrade gas, and $2.90 for each gallon of premium gas. let x1, x2, and x3 denote the numbers of gallons of regular, midgrade, and premium gasoline sold in a day. assume that x1, x2, and x3 have means μ1 = 1500, μ2 = 500, and μ3 = 300, and standard deviations σ1 = 180, σ2 = 90, and σ3 = 40, respectively. a. find the mean daily revenue. b. assuming x1, x2, and x3 to be independent, find the standard deviation of the daily revenue.

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Agas station earns $2.60 in revenue for each gallon of regular gas it sells, $2.75 for each gallon o...

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