Refer to Exercise 5.14. Calculate the mean and standard deviation for the probability distribution you developed for

Question:

Refer to Exercise 5.14. Calculate the mean and standard deviation for the probability you developed for the number of defective tires on all 1300 H2 Hummer limousines. Give a brief interpretation of the values of the mean and standard deviation.
In Exercise 14

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...