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A market research company is interested in the home owership rates across Melbourne suburbs. They survey 253 households in the suburb of Carlton where the
A market research company is interested in the home owership rates across Melbourne suburbs.
They survey 253 households in the suburb of Carlton where the true probability of being a home owner for a given household is 0.782.
Assume that the home ownership status of each households is independent of others.
a. What is the probability that X is greater than 200 ?
b. What is the probability that X is less than or equal to 200?
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