The sales records of a real estate agency show the following sales over the past 200 days: Numbe
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 |
a. Assign probabilities to the sample points and show their values.
b. What is the probability the agency will sell one house in a given day?
c. What is the probability the agency will sell fewer than three houses in a given day?
d. What is the expected number of houses sold on any given day?
Price: $2.99
See Solution: The solution file consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
