SOLUTION: Thando’s father owns an estate agency that sells an average of 2 homes per day. What is the probability that exactly 3 homes will be sold tomorrow?

Algebra.Com
Question 1139056: Thando’s father owns an estate agency that sells an average of 2 homes per day. What is the
probability that exactly 3 homes will be sold tomorrow?

Answer by ikleyn(52858)   (Show Source): You can put this solution on YOUR website!
.

        I just saw  (and solved)  several similar problems in this forum.

        They are not exactly and precisely mathematical, since the condition is not completed and requires some additions.

        Again,  they are not exactly and precisely mathematical,  but mostly serve to exercise your  "common sense".

        They require you to reformulate the condition in a way the problem to obtain its sense.

        And they require such an addition

           a)  "to be consistent"  with the given part,  and  

           b)  to be likelihood.


        So, again, it is not "the pure Mathematics in its pure instance" - it is the common sense hypothesizing
        to make right formulation and to get the problem solved     (  =   to get a likelihood solution ).

        After this introduction,  I can now move to the solution.


Having nothing else given, an appropriate hypothesis is to assume that we have random variable X = "the number of homes sold per day" 
with integer random values that are uniformly distributed with the minimum value of 0 and the maximum value of 4.



Then the mean average  is exactly 2, as the problem states  (  =  = 2 (!) ), 

and  the condition becomes "consistent with the given part" and "self-closed".



Then the answer to the problem's question is   P(X = 3) =   (X has values of 3 among 5 equally possible integer values 0 , 1, 2, 3, 4).  



ANSWER.  P(X= 3) = .

Solved.

-----------------

See the lesson
    - Unusual probability problems
in this site,  where you will find many other similar problems solved and explained.


RELATED QUESTIONS

Iwas Realty is a real estate company selling homes in the Vancouver, British Columbia.... (answered by Boreal,ewatrrr)
The average number of homes sold by the GBRAR is four (4) homes per day. What is the... (answered by Boreal,ikleyn)
1.A sample of 36 students are drawn from the NUST student population, and their body... (answered by greenestamps)
A vendor sells merchandise through Amazon and eBay. On eBay she sells an average rate of... (answered by CPhill)
An agency monitors the speed with which it repairs badly damaged communities. Suppose... (answered by stanbon)
An agency monitors the speed with which it repairs badly damaged communities. Suppose... (answered by stanbon)
Jim is a real estate agent who sells large commercial buildings. Because his commission... (answered by Boreal)
1.Due to the sharp increase in the prices of urban properties over the last five years,... (answered by greenestamps)
An insurance company has an average of 9 claims per week. What is the probability that... (answered by Edwin McCravy)