The national association of realtors esitmates that 23% of all homes purchased in 2004 were considered investment

Question:

The national association of realtors esitmates that 23% of all homes purchased in 2004 were considered investment properties. If the sample of 800 homes sold in 2004 is obtained what is the probability between 175 and 200 homes are going to be used as investment property?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Economics

ISBN: 9780134506593

13th Edition

Authors: James T. McClave, P. George Benson, Terry Sincich

Question Posted: