16 Jun WHAT IS THE PROBABILITY A SELECTED HOME TAKES AT MOST 90 DAYS TO SELL OR ITS INITIAL ASKING PRICE IS OVER $199,999?
ABC Manufacturing has a policy that it will reject a shipment of parts from its supplier if inspectors find any defective parts in a random sample of 5 parts from the shipment. The supplier has been in business many years and has a long-term defective rate for parts of 7.9%.
What is the probability that a shipment will be rejected after a given sample of parts is checked?
2. Suppose you wanted to evaluate the performance of the three judges in Smallville, Texas: Judge Adams, Judge Brown, and Judge Carter. Over a three-year period in Smallville, Judge Adams saw 25% of the cases, Judge Brown saw 34% of the cases, and Judge Carter saw the remainder of the cases.4% of Judge Adams’ cases were appealed, 6% of Judge Brown’s cases were appealed, and 8% of Judge Carter’s cases were appealed.(See the case problem on pages 221-223 of your textbook for a similar problem.)
-Given the judge in a case from this three-year period was not Judge Brown, what is the probability the case was not appealed?
3. Cooper Realty is a small real estate company located in Albany, New York, specializing primarily in residential listings. Cooper is interested in determining the likelihood of one of its listings being sold within a certain number of days. (See exercise 56 on page 205 of your textbook for a similar question.) Use Cooper’s data in the HomeSales sheet in this workbook to generate excel output to answer the following questions. Put the output in given space on HomeSales sheet. Each orange numerical answer cell below MUST reference generated Excel output cells in the HomeSales sheet.
4. If a selected home takes under 30 days or over 90 days to sell, what is the probability its initial asking price is under $150,000 or over $250,000?
5. What is the probability a selected home takes under 30 days to sell?
6. Assuming a selected home’s initial asking price is between $200,000 and $250,000, what is the probability it takes 30 days or more to sell?
7. What is the probability a selected home takes at most 90 days to sell or its initial asking price is over $199,999?
8A. What is the probability a selected home’s initial asking price is at most $250,000 and it takes between 30 and 90 days to sell?
ORDER THIS PAPER NOW AND GET AN AMAZING DISCOUNT.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.