Existing Home Sales During the year ending April 30, 2015, there were approximately 5.0 million sales of existing homes in the United States, of which 1.2 million were sold in the West. During April 2015 there were a total of 450,000 existing homes sold in the United States, of which 110,000 were sold in the West. 56 a. Find the probability that a home sale in the year ending April 30, 2015, took place in the West, given that the home was sold during April of that year. b. Find the probability that a home sale in the year ending April 30, 2015, took place in April of that year, given that it took place in the West.
Existing Home Sales During the year ending April 30, 2015, there were approximately 5.0 million sales of existing homes in the United States, of which 1.2 million were sold in the West. During April 2015 there were a total of 450,000 existing homes sold in the United States, of which 110,000 were sold in the West. 56 a. Find the probability that a home sale in the year ending April 30, 2015, took place in the West, given that the home was sold during April of that year. b. Find the probability that a home sale in the year ending April 30, 2015, took place in April of that year, given that it took place in the West.
Existing Home Sales During the year ending April 30, 2015, there were approximately 5.0 million sales of existing homes in the United States, of which 1.2 million were sold in the West. During April 2015 there were a total of 450,000 existing homes sold in the United States, of which 110,000 were sold in the West.56
a. Find the probability that a home sale in the year ending April 30, 2015, took place in the West, given that the home was sold during April of that year.
b. Find the probability that a home sale in the year ending April 30, 2015, took place in April of that year, given that it took place in the West.
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Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License