The New York City Housing and Vacancy Survey showed a total of 59,324 rent-controlled housing units and 236,263 rent-stabilized units built in 1947 or later. For these rental units, the probability distributions for the number of persons living in the unit are given (U.S. Census Bureau website, January 12, 2004). Number of Persons Rent-Controlled Rent-Stabilized 1 0.61 0.41 2 0.27 0.30 3 0.07 0.14 4 0.04 0.11 5 0.01 0.03 6 0.00 0.01 What is the variance of the number of persons living in each type of unit?
The New York City Housing and Vacancy Survey showed a total of 59,324 rent-controlled housing units and 236,263 rent-stabilized units built in 1947 or later. For these rental units, the probability distributions for the number of persons living in the unit are given (U.S. Census Bureau website, January 12, 2004). Number of Persons Rent-Controlled Rent-Stabilized 1 0.61 0.41 2 0.27 0.30 3 0.07 0.14 4 0.04 0.11 5 0.01 0.03 6 0.00 0.01 What is the variance of the number of persons living in each type of unit?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 33E: Sick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004....
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The New York City Housing and Vacancy Survey showed a total of 59,324 rent-controlled housing units and 236,263 rent-stabilized units built in 1947 or later. For these rental units, the probability distributions for the number of persons living in the unit are given (U.S. Census Bureau website, January 12, 2004). | ||||
Number of Persons | Rent-Controlled | Rent-Stabilized | ||
1 | 0.61 | 0.41 | ||
2 | 0.27 | 0.30 | ||
3 | 0.07 | 0.14 | ||
4 | 0.04 | 0.11 | ||
5 | 0.01 | 0.03 | ||
6 | 0.00 | 0.01 |
What is the variance of the number of persons living in each type of unit?
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