Find probability of selling at least four properties in week

Assignment Help Basic Statistics

Reference no: EM13128374

A real estate agent has 16 properties that she shows. she feels 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 at least 4 properties in one week.

Reference no: EM13128374

Questions Cloud

Illustrate what are the consequences of not telling : Illustrate what are the consequences of not telling the president of our gross miscalculations, both ethical and non-ethical? Are there other ethical implications or issues that you and the president need to consider in this situation?

Graphing from derivative : Please sketch a graph of a function f have the indicated characteristics. Please explain.

Net cash flow from financing activities : repayments of long-term borrowings of $3.5 million, interest payments of $780,000, repurchase of treasury shares of $500,000 and cash dividends declared of $1.1 million. Net cash flow from financing activities equals.

What the molarity of the naoh solution is : 25.0 ml of 0.212 M NaOH ia neutralized by 13.6 ml of an HCl solution. The molarity of the NAOH solution is?

Find probability of selling at least four properties in week : The chance of selling any one property is independent of selling another property. Compute the probability of selling at least 4 properties in one week.

Which disclosures are required : some disclosure notes are not always applicable to every business. However some are required to be included with financial statements. Which disclosures are required?

Explain is there an alternative substantive procedure : Explain is there an alternative substantive procedure that you could perform that would provide convincing evidence that this balance is collectible?

Explain the structure of the carbon atom : Describe in 75 words the structure of the carbon atom. What types of bonds does carbon form and why?

Comparison between allocated overhead and actual : The result of the comparison between allocated overhead and actual would be...

User Account

All Pages