Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 19 Sep 2017 My Price 4.00

large commercial buildings.

Real Estate: Sales Jim is a real estate agent who sells large commercial buildings. Because his commission is so large on a single sale, he does not need to sell many buildings to make a good living. History shows that Jim has a record of selling an average of eight large commercial buildings every 275 days.

(a) Explain why a Poisson probability distribution would be a good choice for r = number of buildings sold in a given time interval.

(b) In a 60-day period, what is the probability that Jim will make no sales? One sale? two or more sales?

(c) In a 90-day period, what is the probability that Jim will make no sales? Two sales? three or more sales?

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Sep 2017 06:09 AM My Price 4.00

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