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The Downtown Parking Authority of Tampa, Florida, reported the following Information for a sample of 234 customers on the number of hours cars are parked.
The Downtown Parking Authority of Tampa, Florida, reported the following Information for a sample of 234 customers on the number of hours cars are parked. Number of Heurs 1 Frequency 25 38 51 2 3 3 5 45 14 5 36 234 Click here for the cel Data File 8-1. Convert the information on the number of hours parked to a probability distribution. (Round your answers to 3 decimal places.) Number of Hours Frequency Prix) 25 2 5 20 6 14 6 The payouts for the Powerball lottery and their corresponding odds and probabilities of occurrence are shown below. The price of a ticket is $1.00 Divisions Five plus Powerball Match 5 Four plus Powerball Match 4 Three plus Powerball Match 3 O plus Powerball One plus Powerball Zero plus Powerball Payout Odds $ 50,000,000 145,987,962 200,cee 3,563, 299 10,000 584,372 120 14,175 129 11,927 9 291 9 745 4 3 69 Probability .000000006854 000000280646 000001711240 000020541800 000083836400 993424658909 .001349483000 .007812500009 @14285714999 Click here for the Excel Data File Find the mean and standard deviation of the payout without taking into account the price of the ticket (Do not round Intermedlate calculstions. Round your mean value to 5 declmal places and standard devlatlon to 3 declmal places.) Standard deviation the cost of a ticket is taken into account, then the mean is a loss of and the scende deviation is Click here for the Excel Data File. e. Create a probability distribution for the number of bedrooms. Compute the mean and the standard deviation of this distribution. (Round "Mean" to 2 decimal places and "Standard devlatlon" to 4 decimal places.) Mean b. Create a probability distribution for the number of bathrooms. Compute the mean and the standard deviation of this distribution. (Round "Mean" to 2 decimal places and "Standard devlatlon" to 4 decimal places.) Mean Standard deviation
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