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Mathematics, 23.10.2019 20:30 Hali07

Amarketing agency has developed three vacation packages to promote a timeshare plan at a new resort. they estimate that 10% of potential customers will choose the day plan, which does not include overnight accommodations; 20% will choose the overnightplan, which includes one night at the resort; and 70% will choose the weekend plan, which includes two nights. complete parts a and b below.

a) find the expected value of the number of nights potential customers will need.

e(x)= of nights

b) find the standard deviation of the number of nights potential customers will need.

σ = of nights

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