Question

The parking authority in downtown Halifax reported the following information for a sample of 250 customers...

The parking authority in downtown Halifax reported the following information for a sample of 250 customers on the number of hours cars are parked and the amount they are charged:

Number of Hours Frequency Amount Charged
1 20 $3
2 38 6
3 53 9
4 45 12
5 40 14
6 13 16
7 5 18
8 36 20
Total 250

a-1. Convert the information on the number of hours parked to a probability distribution. (Round the final answers to 3 decimal places.)

Hours Probability
1   
2   
3   
4   
5   
6   
7   
8   

a-2. Is this a discrete or a continuous probability distribution?

(Click to select)  Continuous  Discrete

b-1. Find the mean and the standard deviation of the number of hours parked. (Round the final answers to 3 decimal places.)

Mean           

Standard deviation           

b-2. How would you answer the question, how long is a typical customer parked? (Round the final answer to 3 decimal places.)

The typical customer is parked for  hours.

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

Mean           

Standard deviation           

Homework Answers

Answer #1

a1  

Hrs Probty amt charged Y
1 20/250 = 0.08 3
2 0.152 6
3 0.212 9
4 0.180 12
5 0.160 14
6 0.052 16
7 0.020 18
8 0.144 20

a-2 This is Discrete distribution.

b-1  

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