Is this a discrete or a continuous probability distribution

Assignment Help Management Information Sys

Reference no: EM131189266

The Downtown Parking Authority of Tampa, Florida, reported the following information for a sample of 250 customers on the number of hours cars are parked and the amount they are charged.

Number of Hours	Frequency	Amount Charged
1	20	$ 3.00
2	38	6.00
3	53	9.00
4	45	12.00
5	40	14.00
6	13	16.00
7	5	18.00
8	36	20.00
	250

a. Convert the information on the number of hours parked to a probability distribution. Is this a discrete or a continuous probability distribution?

b. Find the mean and the standard deviation of the number of hours parked. How would you answer the question: How long is a typical customer parked?

c. Find the mean and the standard deviation of the amount charged.

Reference no: EM131189266

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