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a marketing agency has developed three vacation packages to promote a timeshare plan at a new...

a marketing agency has developed three vacation packages to promote a timeshare plan at a new resort. They estimate that 40% of potential customers will choose the Day Plan, which does not include overnight accomdations; 40% will choose the Overnight plan, which includes one night at the resort ; and 20% will choose the Weekend Plan, which includes two nights.

a.) find the expected value of nights potential customers will need

b.) find the standard deviation number of nights potential customers will need

Math   Statistics-And-Probability   
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