Question: Exercise 11.121 describes a random variable that counts the number of owneroccupied units in a sample of housing units. Use the information in that exercise

Exercise 11.121 describes a random variable that counts the number of owneroccupied units in a sample of housing units. Use the information in that exercise to find the mean and standard deviation of this random variable.

Exercise 11.121

In the 2010 US Census, we learn that 65% of all housing units are owner-occupied while the rest are rented.

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