11. City engineers conducted a survey of cars driving through Speedville, Texas. Each day, an average of
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11. City engineers conducted a survey of cars driving through Speedville, Texas. Each day, an average of 15,000 cars traveled on the road with a mean speed of 59 mph and a standard deviation of 4 mph. Cars traveling faster than 63 mph are defined as "speeders" and may be stopped and issued a $50 speeding ticket. Based upon historical data, 10% of the speeders will be caught and pay the fine. In one year, what is the expected revenue from speeding tickets in Speedville, Texas?
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Analyzing Data And Making Decisions Statistics For Business Microsoft Excel 2010 Updated
ISBN: 9780132924962
2nd Edition
Authors: Judith Skuce
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