In: Statistics and Probability
Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs and a gallon of milk for each month from January through October
2010
.
Dozen Eggs |
Gallon of Milk |
1.79 |
3.12 |
1.77 |
2.69 |
1.28 |
3.76 |
1.78 |
2.78 |
0.88 |
3.00 |
0.98 |
3.08 |
1.15 |
3.31 |
1.05 |
3.15 |
1.86 |
2.94 |
1.83 |
2.73 |
If the price of eggs differs by $0.25 from one month to the next, by how much would you expect the price of milk to differ? Round the answer to two decimal places.