Question

A marketing agency has developed three vacation packages to promote a timeshare the Day Plan, which does not include Weekend Plan, which includes two nights. Complete parts a a They e mate that 20% of potere aa stormers wil choose plan at a new resort overnight accommodations: 20% will choose the Overnight Plan, which includes one night at the resort and 60% will dose the nd b below. a) Find the expected value of the number of nights potential customers will need. E(x)-night(s) (Simplify your answer. Type an integer or a decimal). b) Find the standard deviation of the number of nights potential customers will need σ«O night(s) Round to two decimal places as neede)

Answer 1