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Convert the information on the number of hours parked to a probability distribut

ID: 1094292 • Letter: C

Question

Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.)

Find the mean and the standard deviation of the number of hours parked. (Round your Mean to 3 decimal places and the standard deviation to 3 decimal places.)

Find the mean and the standard deviation of the amount charged. (Round your answers to 2 decimal places.)

Number of Hours Frequency Amount Charged 1 37            $ 3.00            2 42            5.00            3 50            12.00            4 47            14.00            5 40            15.00            6 52            16.00            7 9            17.00            8 40            18.00            317           

Explanation / Answer

a-2 Discrete

b-1`

Mean = 4.271

standard devaition= 2.173

b-2 typical customer parked = 4.271 hours

c)

Mean =12.25

standard devaition= 5.05

x Probabaility 1 0.12 2 0.13 3 0.16 4 0.15 5 0.13 6 0.16 7 0.03 8 0.13