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 cars are parked has been estimated as follows: 1 3 4 8 P(X)0.23 0.1120.1090.0780.0510.024 0.033 0.363 Please give your answers to at least 4 decimal places. A. Mean = 4.5 B. Standard Deviation = The cost of parking is 4.75 dollars per hour. Calculate the mean and standard deviation of the amount of revenue each car generates. A. Mean = B. Standard Deviation =

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 cars are parked has been estimated as follows: 1 3 4 8 P(X)0.23 0.1120.1090.0780.0510.024 0.033 0.363 Please give your answers to at least 4 decimal places. A. Mean = 4.5 B. Standard Deviation = The cost of parking is 4.75 dollars per hour. Calculate the mean and standard deviation of the amount of revenue each car generates. A. Mean = B. Standard Deviation =

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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