Question
In: Statistics and Probability
Real estate ads suggest that 56 % of homes for sale have garages, 48 % have...
| Real estate ads suggest that
56 % of homes for sale have garages,48 % have swimming pools, and10 % have both features. What is the probability that a home for sale hasa) a pool or a garage? b) neither a pool nor a garage? c) a pool but no garage? |
a) The probability of having a pool or a garage is
nothing.
b) The probability of having neither a pool nor a garage is
nothing.
c) The probability of having a pool but no garage is
nothing.
Solutions
orchestra answered 1 year agoRelated Solutions
real estate ads suggest that 67% of homes for sale have garages, 21% have swimming pools,...
real estate ads suggest that 67% of homes for sale have
garages, 21% have swimming pools, and 11% have both features.
A. what is the probability that a home for sale has a garage,
but not a pool?
B. if a home for sale has a garage, what's the probability
that is has a pool, too?
C. Are having a garage and having a pool idependent events?
Explain.
D. Are having a garage and having a pool mutually exclusive?
Explain.
please show ur work Real estate. In a sample of real estate ads, 64% of homes...
please show ur work
Real estate. In a sample of real estate ads, 64% of homes for
sale had garages, 21% have swimming pools, and 17% have both
features. What is the probability that a home for sale has: a) A
pool, a garage, or both? b) Neither a pool nor a garage? c) A pool
but no garage?
Real estate, part 2. In the real estate research described in
Exercise 33, 64% of homes for sale have garages, 21%...
In Florida, real estate agents refer to homes having a swimming pool as pool homes. In...
In Florida, real estate agents refer to homes having a swimming
pool as pool homes. In this case, Sunshine Pools Inc.
markets and installs pools throughout the state of Florida. The
company wishes to estimate the percentage of a pool's cost that can
be recouped by a buyer when he or she sells the home. For instance,
if a homeowner buys a pool for which the current purchase price is
$30,000 and then sells the home in the current real...
In Florida, real estate agents refer to homes having a swimming pool as pool homes. In...
In Florida, real estate agents refer to homes having a swimming
pool as pool homes. In this case, Sunshine Pools Inc.
markets and installs pools throughout the state of Florida. The
company wishes to estimate the percentage of a pool's cost that can
be recouped by a buyer when he or she sells the home. For instance,
if a homeowner buys a pool for which the current purchase price is
$30,000 and then sells the home in the current real...
A Real Estate Company has 20 listings for homes in a certain city. The number of...
A Real Estate Company has 20 listings for homes in a certain
city. The number of days each house has been on the market without
selling is shown in the accompanying table. Complete parts a
through c below.
37
83
28
21
12
57
39
52
35
107
45
34
12
70
103
86
37
63
60
18
a. Considering these 20 values to be the population of
interest, what is the mean of the population?The population mean
is days....
# 60. Refer to the Real Estate data, which report information on the homes sold in...
# 60. Refer to the Real Estate data, which report information on
the homes sold in Goodyear, Arizona, last year.
A. A recent article in the Arizona Republic
indicated that the mean selling price of the homes in the area is
more than $220,000.
Can we conclude that the mean selling price in the Goodyear, AZ,
area is more than $220,000?
Use the .01 significance level. What is the p-value? b. The same
article reported the mean size was more...
In 2007–2008, the U.S. real estate bubble deflated. As a result, the value of homes fell....
In 2007–2008, the U.S. real estate bubble deflated. As a
result, the value of homes fell.
If the Fed tries to keep output constant, what type of
monetary policy would it pursue? Would the Fed increase or decrease
the federal funds rate? (Please use the aggregate expenditure (AE)
curve to explain your answer. Start with a long-run equilibrium of
the economy where ? =
? ∗ . Then, show the
impact of the deflated real estate bubble on the AE...
Nine homes are chosen at random from real estate listings in two suburban neighborhoods, and the...
Nine homes are chosen at random from real estate listings in two
suburban neighborhoods, and the square footage of each home is
noted in the following table.
Size of Homes in Two Subdivisions
Subdivision
Square Footage
Greenwood
2,821
2,595
2,565
2,801
2,383
2,451
2,858
2,871
2,611
Pinewood
2,617
2,501
2,564
2,786
2,392
2,511
2,492
2,687
3,964
(b) Specify the decision rule with respect to
the p-value.
Reject the null hypothesis if the p-value is (Click to
select)greater thanless than 0.10....
Suppose a real estate agent is interested in comparing the asking prices of mid-range homes in...
Suppose a real estate agent is interested in comparing the
asking prices of mid-range homes in Brisbane and Canberra. The real
estate agent conducts a small telephone survey in the two cities,
asking the prices of mid-range homes. A random sample of 21
listings in Brisbane resulted in a sample average price of
$507,600, with a standard deviation of 9,200. A random sample of 26
listings in Canberra resulted in a sample average price of
$496,000, with a standard deviation...
A real estate agent claims that the mean living area of all single-family homes in their...
A real estate agent claims that the mean living area of all
single-family homes in their area is at most 2400 square feet. A
random sample of 41 homes in the area showed a mean living area of
2540 square feet with a standard deviation of 472 square feet.
a) Using a 1% level of significance, perform a complete
hypothesis test to determine if the real estate agent’s claim is
true. Use the critical value method.
b) What would a...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Read at least 2 academically reviewed articles and Write an annotated bibliography paper on Master Budgeting
- Why normalization and referential integrity are important principles when designing relational databases?
- Respond to the following in a minimum of 175 words: Discuss what elements should be present...
- 1) The 3rd bright fringe of a double slit interference pattern is 30.0 cm above the...
- A solar cell generates a potential difference of 0.320 V when a 445.0 ? resistor is...
- A ceiling fan consists of a small cylindrical disk with 5 thin rods coming from the...
- You measure the following quantities as A = 1.0 m ± 0.2 m, B = 2.0...
ADVERTISEMENT