According to a survey by Apartments.com, 35% of apartment renters in 2013 had owned a home at
Question:
According to a survey by Apartments.com, 35% of apartment renters in 2013 had owned a home at one point. Consider a random sample of nine apartment renters.
a. What is the probability that exactly three renters from this sample previously owned a home?
b. What is the probability that less than four renters from this sample previously owned a home?
c. What is the probability that exactly six or seven renters from this sample previously owned a home?
d. What are the mean and standard deviation for this distribution?
e. Construct a histogram for this distribution.
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