document.write( "Question 1053920: The National Association of Realtors estimates that 23% of all homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2004 is obtained what is the probability that at least 175 homes are going to be used as investment property?\r
\n" );
document.write( "\n" );
document.write( "How can I solve this with a calculator? \n" );
document.write( "
Algebra.Com's Answer #669166 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! P(x <= 175) \n" ); document.write( "Est = .23 \n" ); document.write( "Sample: p = 175/800 = .219 \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Find z \n" ); document.write( "P(x <= 175) = normalcdf(-100, z-value) -100 a placeholder \n" ); document.write( " \n" ); document.write( " |