Real estate, part 2. In the real estate research described in Exercise 33, 64% of homes for

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Real estate, part 2.

In the real estate research described in Exercise 33, 64% of homes for sale have garages, 21%

have swimming pools, and 17% 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 it has a pool, too?

c) Are having a garage and a pool independent events?

Explain.

d) Are having a garage and a pool mutually exclusive? Explain.

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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