SOLUTION: A real estate agent has 13 properties that she shows. She feels that there is a 40% chance of selling any one property during a week. The chance of selling any one property is in

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Question 1126131: A real estate agent has 13 properties that she shows. She feels that there is a 40% chance of selling any one property during a week. The chance of selling any one property is independent of selling another property. Compute the probability of selling at least 1 property in one week.
Answer by ikleyn(52776)   (Show Source): You can put this solution on YOUR website!
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According to the condition, for any single property the probability not selling it during a week is 100% - 40% = 1 - 0.4 = 0.6.


The probability not selling any one of 13 properties during a week is  .


The probability to sell at least 1 property in one week is the COMPLEMENT to it  


    1 -  = 0.9987 = 99.87%.     ANSWER

Solved.


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