The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked and the amount they are charged.

a. Convert the information on the number of hours parked to a probability distribution. Is this a discrete or a continuous probability distribution?

b. Find the mean and the standard deviation of the number of hours parked. How would you answer the question: How long is a typical customer parked?

c. Find the mean and the standard deviation of the amount charged.

Transcribed Image Text:

Number of Hours Frequency Amount Charged 1 20 $ 3.00 2 38 6.00 3 53 9.00 4 45 12.00 40 14.00 13 16.00 7 5 18.00 36 20.00 250