The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in 2019 is obtained what is the probability that at most 250 homes are going to be used as investment property? A 0.5935 0.5608 0.0934 0.4392

MATLAB: An Introduction with Applications
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Chapter 8 Quiz
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Page 11 of 12
Question 9
A) 0.5935
Provide an appropriate response.
The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of
800 homes sold in 2019 is obtained what is the probability that at most 250 homes are going to be used as investment property?
B
(С
D
1
0.5608
!
0.0934
Last saved 5:26:03 PM
0.4392
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Transcribed Image Text:Chapter 8 Quiz Quiz Content Page 11 of 12 Question 9 A) 0.5935 Provide an appropriate response. The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in 2019 is obtained what is the probability that at most 250 homes are going to be used as investment property? B (С D 1 0.5608 ! 0.0934 Last saved 5:26:03 PM 0.4392 Questions Filter (10) ▼ O F1 Q @ 2 F2 W # 3 20 F3 E $ 4 K First < Previous 000 000 F4 R % ол оро 5 F5 MacBook Air T Next Last > 1 OF 10 QUESTIONS REMAININ 6 F6 & Y 7 F7 10 Points U DII 8 F8
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