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:X 12 3 4 5 6 7 8P(X) 0.23 0.149 0.13 0.08 0.057 0.022 0.026 0.306A. Mean =B. Standard Deviation =The cost of parking is 2.5 dollars per hour. Calculate the mean and standard deviation of the amount of revenue each car generates.A. Mean =B. Standard Deviation =

Answer:- Given, the probability mass function X 1 2 3 4 5 6 7 8 P(X) 0.23 0.149…

Answered: When parking a car in a downtown…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Given a normal probability distribution with a mean of 8% and a standard deviation of 4%, what is the probability of observing a value between 2% and 14%? Use the following Z-score data is from the HP calculator: Z-Score -2.00 -1.75 -1.50 -1.25 -1.00 0.00 1.00 1.25 1.50 1.75 2.00 Probability 0.0228 0.0401 0.0668 0.1056 0.1587 0.5000 0.8413 0.8944 0.9332 0.9599 0.9772 Answer in decimal format, to 3 decimal places, truncated. For example, if your answer is 33.46%, enter 0.334.
Rental car transaction times are uniformly distributed between 15 and 35 minutes. a. P( transaction takes less than 20 minutes) b. P(transaction takes more than 29 minutes) c. P( transaction takes between 18 and 30 minutes) d. P(transaction takes exactly 19 minutes) e. What is the mean transaction time? f. Determine the standard deviation.
Derive the mean and variance of an F distribution
Beef Consumption. According to Food Consumption, Prices, and Expenditures, published by the U.S. Department of Agriculture, the mean consumption of beef per person in 2011 was 57.5 lb. A sample of 40 people taken this year yielded the data, in pounds, on last year’s beef consumption given on the WeissStats site. Use the technology of your choice to do the following. a. Obtain a normal probability plot, a boxplot, a histogram, and a stem-and-leaf diagram of the data on beef consumptions. b. Decide, at the 5% significance level, whether last year’s mean beef consumption is less than the 2011 mean of 57.5 lb. Apply the onemean t-test. c. The sample data contain four potential outliers: 0, 0, 0, and 13. Remove those four observations, repeat the hypothesis test in part (b), and compare your result with that obtained in part (b). d. Assuming that the four potential outliers are not recording errors, comment on the advisability of removing them from the sample data before performing the…
Español A r.able indicator of a baby's health is the weight gained in the fir year of the baby's life. Assume that the population of all such weight gains for baby boys is approximately normally distributed. A study claimed that the mean of this population is 3.454 kg. As a practicing pediatrician, you want to test this claim. So, you select a random sample of baby boys, and you record the weight each gained in their first year. Follow the steps below to construct a 95% confidence interval for the population mean of all the weight gains for baby boys in their first year. Then state whether the confidence interval you construct contradicts the study's claim. (If necessary, consult a list of formulas.) (a) Click on "Take Sample" to see the results for your random sample. Take Sample Sample size: 0 Point estimate: 0 Sample standard deviation: 0 Critical value: 0 Enter the values of the sample size, the point estimate of the mean, the sample standard deviation, and the critical value you…
Plz complete solution. A local fast-food restaurant has a soda dispensing machine that employees use to automatically fill large soft drink cups. The dispenser is preset to dispense 18 ounces of fluid each time with a standard deviation of 0.75 ounces. The dispensing follows a normal distribution. Use this data to solve What is the probability that a cup will contain 16.5 ounces or more? What is the probability that a cup will contain 16.5 ounces or less? What is the probability that a cup will contain between 15.75 and 18.4 ounces? What is the probability that a cup will contain between 18.0 and 18.3 ounces? What is the probability that a cup will contain between 15.35 and 18.85 ounces? How many ounces would the lowest 4 percent of cups contain? 21. What is your best guess at the number of ounces a cup would contain?
Suppose a sample of O-rings was obtained and the wall thickness (in inches) of each was recorded. Use a normal probability plot to assess whether the sample data could have come from a population that is normally distributed. 0.163 0.182 0.194 0.211 0.224 0.225 0.233 0.243 0.251 0.259 0.271 0.273 0.295 0.307 0.317 0.340 Click here to view the table of critical values for normal probability plots. Click here to view page 1 of the standard normal distribution table. Click here to view page 2 of the standard normal distribution table. Using the correlation coefficient of the normal probability plot, is it reasonable to conclude that the population is normally distributed? Select the correct choice below and fill in the answer boxes within your choice. (Round to three decimal places as needed.) A. No. The correlation between the expected z-scores and the observed data, normal population. does not exceed the critical value, Therefore, it is not reasonable to conclude that the data come from…
Please also find the variance, standard deviation.
The average annual salary for all U.S. teachers is 47,750. Assume that the distribution is normal and the standard deviation is $5,680. find the probability that a ramdmly selected teacher earns a. between 35,000 and 45,000 a year b. more than $40,000 a year
The results of a statistics examination follow an approximate normal distribution with a mean of 68 and a variance of 64. Grade A is awarded to students who score more than 82.What is the probability that a student gets a Grade A? a. 0.0401 b. 0.9599 c. 0.5871 d. 0.4129

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