Answered: What is the probability that a…

Math

Probability

What is the probability that a potential customer will view the virtual tour and lease a single-family house.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

When Donald Trump was campaigning for President , 65% of constituents supported his policy on legalizing marijuana. Today, Donald Trump is wondering if the support for legalizing marijuana has changed. If he polls 100 constituents, what is the probability of finding more than 58% still support the policy?
On the first day of music class, students submitted a survey. One survey question asked students to report which music genre they prefer. Another question asked students how frequently they sing in the shower. The probability that a student prefers metal is 0.7, the probability that a student sings in the shower 1-2 times a week is 0.4 and the probability that a student prefers metal and sings in the shower 1-2 times a week is 0.3. What is the probability that a randomly chosen student prefers metal or sings in the shower 1-2 times a week?
At a local high school, 15% of the students have blue eyes. Each day, 9% of the blue-eyed students wear sunglasses on their way to school, while only 2% of the students with non-blue eyes wear sunglasses. Find the probability that a randomly selected student has blue eyes given that they wore sunglasses on their way to school.
A study tracked a large group of people for 10 years. At the start of the study, 20% were heavy smokers (H), 30% were light smokers (L), and 50% were non-smokers (N). The interest of the study was whether the people in the study died during the study (D) or not die (Dc ). The probability that a light smoker died during the study was twice that of the probability of a non-smoker dying. Also, the probability that light smoker died during the study was half that of the probability of a heavy smoker dying. A randomly selected person from the study died during the study. What is the probability that this person was a heavy smoker (given they died, what is the probability they were a heavy smoker H)?
According to the survey of American households, the probability that the household owns Smart 3D HDTV if the house has two earning members is 51%. Of the households surveyed, 47% did not have two earning members and 48%had Smart 3D HDTVs. The probability that a household does not have two earning members and does not own a Smart 3D HDTV is
A web server's visit always comes from five sites. The percentages of known visits from sites 1, 2, 3, 4 and 5 are 20%, 30%, 15%, 10% and 25% respectively. The probability of visits from five sites lasting more than 2 minutes is 0.4, 0.6, 0.8, 0.2 and 0.9 respectively. Now randomly select a visit. What is the probability that the visit lasts more than 2 minutes? If the selected visit last more than 2 minutes, which sites does it most likely come from?
PLEASE SHOW COMPLETE SOLUTION
A project has a 60% of super success earning $50,000, a 15% chance of mediocre success earning $20,000, and a 25% probability of failure losing $30,000. What is the EMV of the project?
You are interested in the number of people that will visit your restaurant in the noon hour. Historically, there is a 10% chance that more than 10 customers will visit, a 30% chance that more than 8 customers will visit, a 50% chance that more than 6 customers will visit, a 80% chance that more than 4 customers will visit, and a 95% chance that at least 2 customers will visit during the noon hour. What is the probability that 4 or less customers will visit the restaurant -- the number required to break even financially for the day?Express your answer as a percent value. So if your answer is 100% for example, enter 100. Round your answer to the nearest percent.
Analysts expects that 11% of all publicly traded companies will experience a decline in earnings next year. If a company is headed for a decline, there is a 74% chance that this ratio will be negative. If the company is not headed for a decline, there is only a 20% chance that the ratio will be negative. The analyst randomly selects a company and its ratio is negative. What is the probability that the company will experience a decline?
Data from a large national study reports that 10% of pregnant women deliver prematurely. A local obstetrician is seeing 16 pregnant women in his next clinic session. What is the probability that none will deliver prematurely? What is the probability that fewer than 3 will deliver prematurely? What is the probability that none will deliver prematurely if in fact the true percentage who deliver prematurely is 5.5%? Interpret findings compared to part a. If the true percentage is 10% and this obstetrician has 146 pregnant women under his care, how many would be expected to deliver prematurely?
It is reported that 54% of internet users have a wireless connection to the internet via laptop cell phone game console or other mobile devices.of these wireless users 25% of use twitter to share updates of themselves. what is the probability that a internet user has a wireless connection and uses twitter