The american housing survey reported the following data on the number of bedrooms in owner-occupied and renter occupied houses in central cities, March 31, 2003): Number of Houses (1000s) Bedrooms Renter-Occupied Owner-Occupied 0 547 23 1 5012 541 2 6100 3832 3 2644 8690 4 or more 557 3783
A) Define a random variable x= number of bedrooms in renter-occupied houses and develop a probability distribution for random variable. (Let x = 4 represent 4 or more bedrooms).
B) Compute the expected value and variance for the number of bedrooms in renter occupied houses.
C) Define a random variable y= number of bedrooms in owner occupied houses and develop[ a probability distribution for the random variable. (Let y= 4 represent 4 or bedrooms.)
D) Compute the expected value and variance for the number of bedrooms in owner- houses.
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