What probability distribution model would be suitable for

Reference no: EM13470539

A real estate agent has 10 properties that she shows. She feels that there is a 10% chance of selling any one property. The chance of selling any one property is independent of selling another property.

a. What probability distribution model would be appropriate for describing the number of properties sold?

b. Compute the expected number of properties to be sold.

c. Compute the standard deviation of the number of properties to be sold.

d. Compute the probability of selling exactly one property.

e. Compute the probability of selling exactly five properties.

f. Compute the probability of selling at least two properties.

Reference no: EM13470539

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