What is the variance

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-A new apartment complex consists of 10 apartments, each rented for one year. There is a 15 percent chance that any one apartment rented for a year will be vacated before the end of the year.

-What is the expected number of apartments that will be become vacant before the end of the year? What is the variance?

-What is the probability that more than 1 apartments will be vacated before the end of the year?

-What is the probability that at most 1 apartment will be vacated before the end of the year?

-What is the probability that no apartment will be vacated before the end of the year given at most 1 apartment will be vacated before the end of the year?

Reference no: EM133039185

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