(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 0 . . (k=1,2,..., 12) otherwise (1) Estimate the expected parking charge for a bicycle in ringgits under this policy.

(b) Batu Pahat municipality rents bicycles for public use, which is open for 12 hours a day, has the following fee rates: 5 ringgits per hour for the first 4 hours of rent, and 2 ringgits for each additional hour. After several months the data show that the number of hours of a bicycle rent, denoted X, is a discrete random variable with probability function of: 13-k P(X= k) = 72 0 . . (k=1,2,..., 12) otherwise (1) Estimate the expected parking charge for a bicycle in ringgits under this policy.

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.7: Probability

Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....

See similar textbooks