We can reduce the number of different statistical procedures ...

[Jkov05]

We can reduce the number of different statistical procedures needed to solve business problems by applying procedures based on the normal distribution to problems involving binomial and proportion random variables.
 
  Indicate whether the statement is true or false

Question 2

Of those houses that sold for more than 300K, what proportion took 30 days or more to sell?
 
  What will be an ideal response?

[Sweetkitty24130]

Answer to Question 1

TRUE

Answer to Question 2

Event A: houses sold in less than 90 days
Event B: houses sold for 150K or more
(15 + 37 ) / (7 + 15 + 37 ) = 52/59 = 0.881

[Jkov05]

Correct answers!

[Sweetkitty24130]

Great! Please up vote