Probability: Other Probability Distributions – #29551


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?

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