[Solved] The sales records of a real estate agency show the following sales over the past 200 days: Number of Houses Sold Number of Days 0 60 1 80 2 40
Question: The sales records of a real estate agency show the following sales over the past 200 days:
| Number of Houses Sold | Number of Days |
| 0 | 60 |
| 1 | 80 |
| 2 | 40 |
| 3 | 16 |
| 4 | 4 |
- Assign probabilities to the sample points and show their values.
- What is the probability the agency will sell one house in a given day?
- What is the probability the agency will sell fewer than three houses in a given day?
- What is the expected number of houses sold on any given day?
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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 