SOLUTION: A builder has 8 lots available for sale.
* 6 lots are greater than one acre
* 2 lots are less than one acre
What is the probability that the next three lots sold will be grea
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-> SOLUTION: A builder has 8 lots available for sale.
* 6 lots are greater than one acre
* 2 lots are less than one acre
What is the probability that the next three lots sold will be grea
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Question 752399: A builder has 8 lots available for sale.
* 6 lots are greater than one acre
* 2 lots are less than one acre
What is the probability that the next three lots sold will be greater than one acre?
a. 3/4 b. 15/28 c. 27/64 d. 5/14
You can put this solution on YOUR website! A builder has 8 lots available for sale.
* 6 lots are greater than one acre
* 2 lots are less than one acre
What is the probability that the next three lots sold will be greater than one acre?
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Binomial Problem with n = 3 and p(> 1 acre) = 6/8 = 3/4
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P(x = 3) = (3/4)^3 = 27/64
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Cheers,
Stan H.
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a. 3/4 b. 15/28 c. 27/64 d. 5/14
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