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 25 $3
2 36 6
3 58 9
4 42 12
5 37 14
6 17 16
7 4 18
8 31 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)DiscreteContinuous

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

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
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...
The parking authority in downtown Halifax reported the following information for a sample of 260 customers...
The parking authority in downtown Halifax reported the following information for a sample of 260 customers on the number of hours cars are parked and the amount they are charged: Number of Hours Frequency Amount Charged 1 24 $2 2 43 4 3 59 6 4 49 8 5 33 10 6 11 14 7 4 18 8 37 20 Total 260 a-1. Convert the information on the number of hours parked to a probability distribution. (Round the final answers...
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 221...
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 221 customers on the number of hours cars are parked and the amount they are charged. Number of Hours Frequency Amount Charged 1 19 $ 3 2 34 6 3 46 12 4 39 18 5 35 21 6 13 24 7 7 26 8 28 30    221    a. Convert the information on the number of hours parked to a probability distribution. (Round...
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 236...
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 236 customers on the number of hours cars are parked and the amount they are charged. Number of Hours Frequency Amount Charged 1 18 $ 3 2 38 7 3 50 9 4 45 12 5 20 14 6 16 16 7 5 18 8 36 22 258 a-1. Convert the information on the number of hours parked to a probability distribution. (Round your answers...
Some please explain how to do this? This is a sample question for my test, and...
Some please explain how to do this? This is a sample question for my test, and I just don't understand! When parking a car in a downtown parking lot, drivers pay according to the number of hours or fraction thereof. The probability distribution of the number of hours X cars are parked has been estimated as follows: X=x P(x) 1 0.225 2 0.104 3 0.106 4 0.081 5 0.067 6 0.028 7 0.022 9 0.367 Find the mean and standard...
The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a...
The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a standard deviation of $6.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 52 customers, answer the following questions. a. What is the likelihood the sample mean is at least $25.50? (Round z value to 2 decimal places and final answer to 4 decimal places.)   Probability b. What is the likelihood the sample mean is greater than $22.50 but...
The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a...
The mean amount purchased by a typical customer at Churchill's Grocery Store is $23.50 with a standard deviation of $6.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 52 customers, answer the following questions. a. What is the likelihood the sample mean is at least $25.50? (Round z value to 2 decimal places and final answer to 4 decimal places.)   Probability    b. What is the likelihood the sample mean is greater than $22.50...
1. Hoping to lure more shoppers​ downtown, a city builds a new public parking garage in...
1. Hoping to lure more shoppers​ downtown, a city builds a new public parking garage in the central business district. The city plans to pay for the structure through parking fees. For a random sample of 42 ​weekdays, daily fees collected averaged ​$133​, with standard deviation of $16. ​- Find a 95​% confidence interval for the mean daily income this parking garage will generate. The 95​% confidence interval for the mean daily income is 2. A grocery​ store's receipts show...
A sample of 250 observations is selected from a normal population with a population standard deviation...
A sample of 250 observations is selected from a normal population with a population standard deviation of 23. The sample mean is 18. Determine the standard error of the mean. (Round your answer to 3 decimal places.) Determine the 99% confidence interval for the population mean. (Use z Distribution Table.) (Round your answers to 3 decimal places.)
1 the probability distribution of x, the number of defective tires on a randomly selected automobile...
1 the probability distribution of x, the number of defective tires on a randomly selected automobile checked at a certain inspection station, is given in the following table. The probability distribution of x, the number of defective tires on a randomly selected automobile checked at a certain inspection station, is given in the following table. x 0 1 2 3 4 p(x) .53 .15 .08 .05 .19 (a) Calculate the mean value of x. μx =   (a) Calculate the mean...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT