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{"ops":[{"insert":"7. Parking your car at MIT is expensive, so expensive that you decide that it must be cheaper to keep your car parked illegally in a tow zone and chance the occasional ticket or tow. On each day, a Cambridge meter maid will notice your illegally parked car with probability 0.25. Upon noticing your illegally parked car, with probability 0.8 he or she will only issue you a ticket; otherwise your car will be towed. All of this occurs independently on each day, and independent of what happens on other days."},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"(a) What is the expected time (in days) between successive times your car is towed?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"(b) What is the standard deviation of the time (in days) between successive times your car is towed?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":"(c) What is the expected number of times your car is towed over the course of two months (60 days)?"},{"insert":"\n"},{"insert":""},{"insert":"\n"},{"insert":""},{"insert":"\n"}]}

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