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Determine the probability that the property will be sold

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Reference no: EM131558098

Question: Susan Garcia wishes to sell or lease a condominium through a realty company. The realtor estimates that the probability of finding a buyer within a month of the date the property is listed for sale or lease is .3, the probability of finding a lessee is .8, and the probability of finding both a buyer and a lessee is .1. Determine the probability that the property will be sold or leased within 1 month from the date the property is listed for sale or lease.

Reference no: EM131558098

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