Sora Kanzaki is the owner of Kanzaki Investment and Real Estate Company. The company recently purchased four

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Sora Kanzaki is the owner of Kanzaki Investment and Real Estate Company. The company recently purchased four tracts of land in Holly Farms Estates and six tracts in Newburg Woods. The tracts are all equally desirable and sell for about the same amount.
a. What is the probability that the next two tracts sold will be in Newburg Woods?
b. What is the probability that of the next four sold at least one will be in Holly Farms?
c. Are these events independent or dependent?

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Related Book For  answer-question

Statistical Techniques In Business And Economics

ISBN: 9781265779696

19th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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