[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
  1. Assign probabilities to the sample points and show their values.
  2. What is the probability the agency will sell one house in a given day?
  3. What is the probability the agency will sell fewer than three houses in a given day?
  4. What is the expected number of houses sold on any given day?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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