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5. A realtor is studying the probability that 5 houses will sell the first week they are listed for sale out of 20 houses that are first listed for sale this week. The current probability of a house selling the week is is listed is 43%. Use this question to answer each part below. a. Define success for THIS problem. b. Find n, x, p, q X= P= q= c. What is the standard deviation for this problem? Answer with 2-places past the decimal.

5. A realtor is studying the probability that 5 houses will sell the first week they are listed for sale out of 20 houses that are first listed for sale this week. The current probability of a house selling the week is is listed is 43%. Use this question to answer each part below. a. Define success for THIS problem. b. Find n, x, p, q X= P= q= c. What is the standard deviation for this problem? Answer with 2-places past the decimal.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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6. A realtor is studying the probability that 5 houses will sell the first week they are listed for sale out of 20 houses that are first listed for sale this week. The current probability of a house selling the week is is listed is 43%. Use this question to answer each part below. a. Define success for THIS problem. b. Find n, x, p, q d. n= X= p= q= c. What is the standard deviation for this problem? Answer with 2-places past the decimal. Write the FILLED-IN formula used to solve this probability problem. (Don't just copy the formula off the formula page, fill it in with numbers). The SOLUTION goes in the NEXT box. e. Find the probablity asked for with 3-decimal values or as a percent with 1-decimal.
Transcribed Image Text:6. A realtor is studying the probability that 5 houses will sell the first week they are listed for sale out of 20 houses that are first listed for sale this week. The current probability of a house selling the week is is listed is 43%. Use this question to answer each part below. a. Define success for THIS problem. b. Find n, x, p, q d. n= X= p= q= c. What is the standard deviation for this problem? Answer with 2-places past the decimal. Write the FILLED-IN formula used to solve this probability problem. (Don't just copy the formula off the formula page, fill it in with numbers). The SOLUTION goes in the NEXT box. e. Find the probablity asked for with 3-decimal values or as a percent with 1-decimal.
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