In: Statistics and Probability
The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 229 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 52 13 4 40 17 5 33 22 6 13 24 7 6 27 8 29 30 229 a. Convert the information on the number of hours parked to a probability distribution. (Round your 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? Discrete Continuous b-1. Find the mean and the standard deviation of the number of hours parked. (Do not round intermediate calculations. Round your final answers to 3 decimal places.) Mean Standard deviation b-2. How long is a typical customer parked? (Do not round intermediate calculations. Round your final answers to 3 decimal places.) The typical customer is parked for hours c. Find the mean and the standard deviation of the amount charged. (Do not round intermediate calculations. Round your final answers to 3 decimal places.) Mean Standard deviation