SOLUTION: Suppose that a manager of a large apartment complex provides the following subjective probability Vacancies ------ Probability ----- 0 ----------- - .05 -

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Question 1165741: Suppose that a manager of a large apartment complex provides the following subjective
probability
Vacancies ------ Probability
----- 0 ------------- .05
----- 1 ------------- .15
----- 2 ------------- .35
----- 3 ------------- .25
----- 4 ------------- .10
----- 5 ------------- .10
Provide the probability of each of the following events.
a. No vacancies
b. At least four vacancies
c. Two or fewer vacancies
Answer by greenestamps(13198) About Me  (Show Source):
You can put this solution on YOUR website!


"At least 4" in this problem means either 4 or 5; "two or fewer" means 2 or 1 or 0. Since those are all "OR"s, add the individual probabilities.

a. P(0)

b. P(4)+P(5)

c. P(2)+P(1)+P(0)

You can do the simple arithmetic....