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A marketing agency has developed three vacation packages to promote a timeshare plan at a new resort. They estimate that 30% of potential customers will
A marketing agency has developed three vacation packages to promote a timeshare plan at a new resort. They estimate that
30%
of potential customers will choose the Day Plan, which does not include overnight accommodations;
10%
will choose the Overnight Plan, which includes one night at the resort; and
60%
will choose the Weekend Plan, which includes two nights. Find the standard deviation of the number of nights potential customers will need.
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