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ONLY 40 MINUTES LEFT ( PLEASE BRIEF ANSWERS WITH CALCULATIONS) [4 5 5 4 7 4 2 8 6 5 8 5 3 4 3 8 7 5 5 5 6 4 5 3 4 3 8 3 5 6] these are the units without comma ( PLEASE CHECK THE FILE ) Probabilit
ONLY 40 MINUTES LEFT ( PLEASE BRIEF ANSWERS WITH CALCULATIONS)
[4 5 5 4 7 4 2 8 6 5 8 5 3 4 3 8 7 5 5 5 6 4 5 3 4 3 8 3 5 6] these are the units without comma
( PLEASE CHECK THE FILE )
Probability (20% - each sub-question carries 4% weight)
Small real estate company, ADA Realty, recently became interested in determining the likelihood of one of their listings being sold within a certain number of days. An analysis of company sale prices and days until sold in previous years produced the following data
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Randomly, if A is defined as the event that a home is listed for more than 90 days before being sold, estimate the probability of A.?
If B is defined as the event that the initial asking price is under $150,000, estimate the probability of B.
What is the probability of ?
Assuming that a contract was just signed to list a home with an initial asking price of less than $150,000, what is the probability that the home will take ADA Realty more than 90 days to sell?
Are events A and B independent?
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