The sales records of a real estate agency show the following sales over the past 200 days:

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Question:

Number of Number

Houses Sold of Days

0 60

1 80

2 40

3 16

4 4

a. How many sample points are there?

b. Assign probabilities to the sample points and show their values.

c. What is the probability that the agency will not sell any houses in a given day?

d. What is the probability of selling at least 2 houses?

e. What is the probability of selling 1 or 2 houses?

f. What is the probability of selling less than 3 houses?

Related Book For answer-question

Essentials of Business Statistics

ISBN: 978-0078020537

5th edition

Authors: Bruce Bowerman, Richard Connell, Emily Murphree, Burdeane Or

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Posted Date: Sep 11, 2020 11:31 PM

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The sales records of a real estate agency show the following sales over the past 200 days:

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Expert Answer:

Probability is simply how likely something is to happen ... View the full answer

Essentials of Business Statistics

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