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(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 0 . . (k=1,2,..., 12) otherwise (1) Estimate the expected parking charge for a bicycle in ringgits under this policy.

(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 0 . . (k=1,2,..., 12) otherwise (1) Estimate the expected parking charge for a bicycle in ringgits under this policy.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 - . 0 (k = 1,2,..., 12) otherwise (i) Estimate the expected parking charge for a bicycle in ringgits under this policy.
Transcribed Image Text:(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 - . 0 (k = 1,2,..., 12) otherwise (i) Estimate the expected parking charge for a bicycle in ringgits under this policy.
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