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Jim is a real estate agent who sells large commercial buildings. Because his com

ID: 3384335 • Letter: J

Question

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 8.2 large commercial buildings every 267 days. In a 60-day period, what is the probability that Jim will make no sales? one sale? two or more sales? (Use 2 decimal places for . Use 4 decimal places for your answers.)In a 110-day period, what is the probability that Jim will make no sales? two sales? three or more sales? (Use 2 decimal places for . Use 4 decimal places for your answers.)

Explanation / Answer

Jim is a real estate agent who sells large commercial buildings. Because his com

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