[Solution Library] Ontario Apartments has a large number of units available to rent each month. A concern of management is the number of vacant apartments


Question: Ontario Apartments has a large number of units available to rent each month. A concern of management is the number of vacant apartments each month. A recent study revealed the percent of the time that a given number of apartments are vacant. Compute the mean and standard deviation of the number of vacant apartments.

Number of

Vacant Units Probability

0 .1

1 .4

2 .2

3 .2

4 .1

MEAN :

Std. Dev:

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