Mathematics, 10.12.2021 22:00 monsterduckgoose
Ravi sells real estate. Based on previous data, he knows that 5\%5%5, percent of home tours result in a sale. Assume that the results of these tours are independent from each other.
Which of the following choices are binomial random variables?
Choose all answers that apply:
Choose all answers that apply:
(Choice A)
A
Take a random sample of 333 tours and let K=K=K, equals the number of tours that result in a sale.
(Choice B)
B
Take a random sample of 333 tours and let M=M=M, equals the amount of sales (in dollars) generated by the tours.
(Choice C)
C
Take a random sample of 303030 tours and let L=L=L, equals the number of tours that result in a sale.
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