Question: A real estate agent wants to know how many owners

A real estate agent wants to know how many owners of homes worth over $1,000,000 might be considering putting their home on the market in the next 12 months. He surveys 40 of them and finds that 10 of them are considering such a move. Are all the assumptions and conditions for finding the sampling distribution of the proportion satisfied? Explain briefly.

View Solution:


Sale on SolutionInn
Sales0
Views98
Comments
  • CreatedMay 14, 2015
  • Files Included
Post your question
5000