Scott and his wife are hunting for their first home to own. Houses that fit all
ID: 3159652 • Letter: S
Question
Scott and his wife are hunting for their first home to own. Houses that fit all their search criteria are added to the market at an average of 1.7 per day. A. What is the probability that no additional homes that fit their criteria will appear tommorrow? B.what is the probability that exactly 3 homes that fit their criteria appear tommorrow?Scott and his wife are hunting for their first home to own. Houses that fit all their search criteria are added to the market at an average of 1.7 per day. A. What is the probability that no additional homes that fit their criteria will appear tommorrow? B.what is the probability that exactly 3 homes that fit their criteria appear tommorrow?
A. What is the probability that no additional homes that fit their criteria will appear tommorrow? B.what is the probability that exactly 3 homes that fit their criteria appear tommorrow?
Explanation / Answer
A) P(X,mu)=e^(-mu)(mu)^x/x!, where, mu is the avergae number of success and x is the actual number of success.
P(X=0)=2.718^(-1.7)(1.7)^0/0!=0.1827
b) P(X=3)=2.1718^(-1.7)(1.7)^3/3!=0.1496