Review Ca De .10 t Layout .A- A References A Mailings E E. View . CUA AaBbC0 L AaBb 2. Keystone puts a lot of work into showcasing properties to potential buyers (something like a personal open house). Each showcase results in either a 'success' (the buyer purchases the property) or a 'failure' (the buyer refuses to buy the property. Historically, Keystone figures that on any given showcase there is a 20% chance they will be successful and make a sale. Keystone has 5 showcases planned for this month, and they would like to explore some probabilities surrounding these showcases to help them manage this process and forecast revenues. Specifically, they would like to know: (1) which probability distribution is most appropriate for them to use? (2) What are the chances that exactly 3 of the showcases will result in a sale? (3) What are the chances that they will make at least 2 sales? (4) Sometimes buyers will request a second viewing of the property. Based on historical evidence, buyers ask for a second viewing on 40% of successful showcases and on only 10% of unsuccessful showcases. What are the chances that a showcase will be successful, given that a potential buyer has asked for a second viewing? 3 1102 words English (United States Focus E DE MacBook Air Review Ca De .10 t Layout .A- A References A Mailings E E. View . CUA AaBbC0 L AaBb 2. Keystone puts a lot of work into showcasing properties to potential buyers (something like a personal open house). Each showcase results in either a 'success' (the buyer purchases the property) or a 'failure' (the buyer refuses to buy the property. Historically, Keystone figures that on any given showcase there is a 20% chance they will be successful and make a sale. Keystone has 5 showcases planned for this month, and they would like to explore some probabilities surrounding these showcases to help them manage this process and forecast revenues. Specifically, they would like to know: (1) which probability distribution is most appropriate for them to use? (2) What are the chances that exactly 3 of the showcases will result in a sale? (3) What are the chances that they will make at least 2 sales? (4) Sometimes buyers will request a second viewing of the property. Based on historical evidence, buyers ask for a second viewing on 40% of successful showcases and on only 10% of unsuccessful showcases. What are the chances that a showcase will be successful, given that a potential buyer has asked for a second viewing? 3 1102 words English (United States Focus E DE MacBook Air
