User Account

All Pages

Compute probability of selling more than two properties

Assignment Help Basic Statistics
Reference no: EM13869948

A real estate agent has18 properties that she shows. She feels that there is a40% chance of selling any one property during a week. The chance of selling any one property is independent of selling another property. Compute the probability of selling more than2 properties in one week.

Reference no: EM13869948

Questions Cloud

Write a program in j2ee to create the game : Write a program in J2EE to create the game TIC TAC TOE. It must be Player v/s Computer.
What issues do you have with your home inventory maintaining : We all have inventory at home to run our homes. What issues do you have with your home inventory maintaining sufficient quantities and controlling its costs
1.8424= (1/1+y) + (1/(1+y)^2) : 1.8424= (1/1+y) + (1/(1+y)^2) how did you get y =? need step by step
Create and use arrays for the students names : Arrays must be used so the flowchart logic can keep track of mulltiple students, each with up to five test scores and a final. So, create and use arrays for the student's names, tests and finals.
Compute probability of selling more than two properties : The chance of selling any one property is independent of selling another property. Compute the probability of selling more than2 properties in one week.
A product of cycles of length three : Prove that in Sn with n > = , any even permutation is a product of cycles of length three. Hint: (a,b)(b,c) = (a,b, c) and (a,b)(c,d) = (a,b,c)(b, c, d)
How are outsourcing and vertical integration related : How are outsourcing and vertical integration related? Can a single firm successfully do both? The Winfield Distributing Company has maintained an 80% service level policy for inventory of string trimmers. Mean demand during lead time is 170 trimmer..
What proportion of the tires will need to be replaced : If the manufacturer guarantees the tread life of the tires for the first 53,520 miles, what proportion of the tires will need to be replaced under warranty?
What is the probability that a particular flight may be safe : What is the probability that a particular flight may be safe with at least one working radio? Why does the usual rounding rule of three significant digits not work here? Is this probability high enough to ensure flight safety?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Detailed description of -the mean deviation about for

Detailed description of -the mean deviation about for the numbers 4/11, 6/11, 8/11, 9/11, 12/11. 8/11 is and 2nd question is the mean and SD for a,b and 2 are 3 and 2/sqrt3 respectively. The value of ab would be?

  Hurricane katrina forced insurance companies to examine

hurricane katrina forced insurance companies to examine policy rates and originally determined that the average claim

  Psychology course is a poisson random variable

The number of students that enroll in a psychology course is a poisson random variable with mean 100.the course incharge has decided that if the enrolling is 120 or more he will teach the course in two separate sections.

  What is the probability that either six or seven people

according to a survey of 25000 households conducted by nielson company 51 of the people watching the 2010 super bowl

  A company generally purchases large lots of a certain kind

a company generally purchases large lots of a certain kind of electrical devices. a method is used that rejects a lot

  Probability of returning questionnaires

Suppose a marketing research firm sends questionnaires to 10 different companies. Assuming that each company, independently of the others, returns its completed questionnaire with probability 0.40, what is the probability that 5 or less questionna..

  Multiple linear regression models

Assess the model fit for the multiple linear regression model using appropriate statistics and graphics.

  The piron software company currently develops marketing

the piron software company currently develops marketing software for primarily service-based organizations. from a

  Probability of selecting a value at random

What is the probability of selecting a value at random and discovering that it has a value of less than 395 pounds?

  Conduct the most appropriate hypothesis test to test the

mcneese and klein 1991 looked at the average particle size. specifications give the standard deviation of 2 microns. a

  Use the five step p value approach to test the hypothesis

the us department of education reports that 46 of full-time college students are employed while attending college. a

  Area and visiting other state are dependent

Out of 1000 people surveyed, 600 belonged to urban areas and rest to rural areas. Among 500 who visited other states , 400 belonged to urban areas. Test 5 % level of significance whether area and visiting other state are dependent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd