HomeworkLib
Question

A real estate agent has 12 properties that she shows. She feels that there is a...

A real estate agent has 12 properties that she shows. She feels that there is a 30% 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 no more than 2 properties in one week. Round your answer to four decimal places.

math   Statistics-And-Probability   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

0 0
Add a comment
Know the answer?
Add Answer to:
A real estate agent has 12 properties that she shows. She feels that there is a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • A real estate agent has 15 properties that she shows. She feels that there is a...

    A real estate agent has 15 properties that she shows. She feels that there is a 60% 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 than 5 properties in one week. Round your answer to four decimal places.

  • A real estate agent has 1818 properties that she shows. She feels that there is a...

    A real estate agent has 1818 properties that she shows. She feels that there is a 40%40% 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 than 22 properties in one week. Round your answer to four decimal places.

  • A real estate agent has 18 properties that she shows. She feels that there is a...

    A real estate agent has 18 properties that she shows. She feels that there is a 40% 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 than 3 properties in one week. Round your answer to four decimal places.

  • A real estate agent has 16 properties that she shows. She feels that there is a...

    A real estate agent has 16 properties that she shows. She feels that there is a 50% 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 less than 5 properties in one week. Round your answer to four decimal places.

  • A real estate agent has 15 properties that she shows. She feels that there is a...

    A real estate agent has 15 properties that she shows. She feels that there is a 50% 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 less than 4 properties in one week. Round your answer to four decimal places.

  • Areal estate agent has 18 properties that she shows. She feels that there is a 50%...

    Areal estate agent has 18 properties that she shows. She feels that there is a 50% chance of selling any one property during a week. The chance of selling anyone property is independent of selling another property. Compute the probability of selling more than 4 properties in one week, Round your answer to four decimal places.

  • Hey guys can someone please solve this for me? A real estate agent has 18 properties...

    Hey guys can someone please solve this for me? A real estate agent has 18 properties that she shows. She feels that there is a 40% 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 than 2 properties in one week. Round your answer to four decimal places. THANK YOU SO MUCH

  • 00:39:54 Question 4 of 15 Step 1 of 1 A real estate agent has 17 properties...

    00:39:54 Question 4 of 15 Step 1 of 1 A real estate agent has 17 properties that she shows she feels that there is a 40 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 exactly 2 properties in one week. Round your answer to four decimal places.

  • An estate agent sells properties at a mean rate of 7 per week. 1 Suggest a...

    An estate agent sells properties at a mean rate of 7 per week. 1 Suggest a suitable model to represent the number of properties sold in a randomly chosen week. Give two reasons to support your model. 2 Find the probability that in any randomly chosen week the estate agent sells exactly 5 properties. 3 Using a suitable approximation find the probability that during a 24 week period the estate agent sells more than 181 properties.

  • 2. The mean number of houses sold per week by a real estate agent is two....

    2. The mean number of houses sold per week by a real estate agent is two. Find the probability that the agent sells three or more houses in a week. Maintain a minimum of 4 decimal places for intermediate calculations.

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT