The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in 2019 is obtained what is the probability that between 250 and 300 homes are going to be used as investment property? Round to four decimal places. A. 0.9099 B. 0.2236 C. 0.7764 D. 0.4392

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 15CR
Question
The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If
a sample of 800 homes sold in 2019 is obtained what is the probability that between 250 and 300 homes are going to be
used as investment property? Round to four decimal places.
A. 0.9099
OB. 0.2236
OC. 0.7764
D. 0.4392
...
Transcribed Image Text:The U.S. housing market estimates that 31% of all homes purchased in 2019 were considered investment properties. If a sample of 800 homes sold in 2019 is obtained what is the probability that between 250 and 300 homes are going to be used as investment property? Round to four decimal places. A. 0.9099 OB. 0.2236 OC. 0.7764 D. 0.4392 ...
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