s there a risk to being too focused on the financial aspects of the property? What type of strategy would you develop to maximize the value of your property?

1. Would you charge the highest possible rents? Why or why not?

2. Would you maintain the property to the highest possible levels of quality and cleanliness at all times? Why or why not?

3. Would you take any tenant so long as they paid the rent? Why or why not?

Explain and discuss.

The average number of pages for a simple random sample of 40 physics textbooks is 435. The average number of pages for a simple random sample of 30 mathematics textbooks is 410. Assume that all page length for each types of textbooks is normally distributed. The standard deviation of page length for all physics textbooks is known to be 55, and the standard deviation of page length for all mathematics textbooks is known to be 55. Part One: Assuming that on average, mathematics textbooks and physics textbooks have the same number of pages, what is the probability of picking samples of these sizes and getting a sample mean so much higher for the physics textbooks (one-sided p-value, to four places)?WebAssign will check your answer for the correct number of significant figures. The above p-value comes from a test-statistic of z=WebAssign will check your answer for the correct number of significant figures. (enter number without sign).

In a given school, 3 out of 10 people tend to have IQ level of more than 150.

1. If a group of 100 people were to be picked from this school, what is the probability of getting 80 people that have IQ below 150.

b. What is the expected number of people with IQ over 150 in a group of 100.

The tax auditor is selecting a sample of 6 tax return for an audit. if 3 or more of these returns are "improper," the entire population of 55 tax return will be audited. Complete parts(a)through (d)

what is the probability that the entire population will be audited if the true number of improper returns in the population is

a) 15

b) 20

c) 5

d) 10

4. The number of students arriving at a university’s health center is Poisson distributed with a mean of 4.5 students
per hour. Use the appropriate formulas provided in class to determine the probability that:
a. four students will arrive at the health center in the next hour.
b. more than 10 minutes will elapse between student arrivals at the health center.

The Mean number of words per minute (WPM) read by sixth graders is 98 with a standard deviation of 20. If 57 sixth graders are randomly selected, what is the probability that the sample mean would differ from the population mean by greater than 4.41 WPM? ( round your answer to 4 Decimal places and show work)

Seventy percent of households say they would feel secure if they had​ $50,000 in savings. You randomly select 8 households and ask them if they would feel secure if they had​ $50,000 in savings. Find the probability that the number that say they would feel secure is:

​ (a) exactly​ five,

(b) more than​ five,

(c) at most five.

Seventy percent of households say they would feel secure if they had​ $50,000 in savings. You randomly select 8 households and ask them if they would feel secure if they had​ $50,000 in savings. Find the probability that the number that say they would feel secure is:

​ (a) exactly​ five,

(b) more than​ five,

(c) at most five.

Based on historical data, your manager believes that 44% of the company's orders come from first-time customers. A random sample of 59 orders will be used to estimate the proportion of first-time-customers. What is the probability that the sample proportion is between 0.33 and 0.49?

(Enter your answer as a number accurate to 4 decimal places.)

Toss a coin 5 times. Let X denote the number of tails appeared. a. Write down the probability mass function of X. b. Write down the cumulative distribution function of X. c. Graph the cumulative distribution function of X. d. Find the expectation of E[X] e. Find the variance Var[X]