According to the research, 43% of homes sold in a certain month and year were purchased...

 

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According to the research, 43% of homes sold in a certain month and year were purchased by first-time buyers. A random sample of 195 people who just purchased homes is selected. Complete parts a through e below. a. Calculate the standard error of the proportion. o, = (Round to four decimal places as needed.) b. What is the probability that less than 85 of them are first-time buyers? P(Less than 85 of them are first-time buyers) = (Round to four decimal places as needed.) c. What is the probability that more than 91 of them are first-time buyers? P(More than 91 of them are first-time buyers) = (Round to four decimal places as needed.) d. What is the probability that more than 83 of them are first-time buyers? P(More than 83 of them are first-time buyers) = (Round to four decimal places as needed.) e. What is the probability that between 72 and 80 of them are first-time buyers? P(Between 72 and 80 of them are first-time buyers) = (Round to four decimal places as needed.) According to the research, 43% of homes sold in a certain month and year were purchased by first-time buyers. A random sample of 195 people who just purchased homes is selected. Complete parts a through e below. a. Calculate the standard error of the proportion. o, = (Round to four decimal places as needed.) b. What is the probability that less than 85 of them are first-time buyers? P(Less than 85 of them are first-time buyers) = (Round to four decimal places as needed.) c. What is the probability that more than 91 of them are first-time buyers? P(More than 91 of them are first-time buyers) = (Round to four decimal places as needed.) d. What is the probability that more than 83 of them are first-time buyers? P(More than 83 of them are first-time buyers) = (Round to four decimal places as needed.) e. What is the probability that between 72 and 80 of them are first-time buyers? P(Between 72 and 80 of them are first-time buyers) = (Round to four decimal places as needed.)

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Given that Population Proportion p 043 Sample Size n195 Here we solve problems by no... View the full answer