Determine also the mean and standard deviation of the fine

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The security force on a particular campus estimates that 80% of all cars that are parked illegally on campus are detected and issued a RM10 parking ticket. Suppose your car will be parked illegally on three occasions during the coming year. Determine the probability distribution of the random variable X = the total amount of parking tickets that you will receive. Determine also the mean and standard deviation of the fine you may have to pay.

Reference no: EM132432377

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