Question

A gas station sells three grades of gasoline: regular, mid-grade, and premium. The price for each gasgrade are $3.03, $3.34, and $3.67 per gallon respectively. Let X1, X2, X3 be the amount of gas sold of each grade on a particular day. The amount of gas of each grade sold is independent and they have mean values of µx, = 1000, µx, = 500, and µX, = 300 and ox, = 100, ox, = 80, and ox, = 50 a) Find the mean revenue from all gas sales.bl Calouletefromoolo b) Calculate the variance from all gas sales. c) Calculate the standard deviation from all gas sales.

Question image 1Question image 2Question image 3Question image 4