When parking a car in a downtown parking lot, drivers pay according to the number of hours

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When parking a car in a downtown parking lot, drivers pay according to the number of hours or parts thereof. The probability distribution of the number of hours cars are parked has been estimated as follows.

x 1 2 3 4 5 6 7 8 P (x) .24 .18 .13 .10 .07 .04 .04 .20 Find the mean and standard deviation of the number of hours cars are parked in the lot.

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Statistics For Management And Economics

ISBN: 9781133420774

9th Edition

Authors: Gerald Keller, Kenneth C Louden

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