A municipal bus company has started operations in a new subdivision. Records were kept on the numbers
Question:
a. Graph the probability distribution.
b. Calculate and graph the cumulative probability distribution.
c. What is the probability that on a randomly chosen weekday there will be at least 24 riders from the subdivision on this service?
d. Two weekdays are chosen at random. What is the probability that on both of these days there will be fewer than 23 riders from the subdivision on this service?
e. Find the mean and standard deviation of the number of riders from this subdivision on this service on a weekday.
f. If the cost of a ride is $1.50, find the mean and standard deviation of the total payments of riders from this subdivision on this service on a weekday.
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne