Question

A real estate agent is interested in whether there are differences in home ownership. A researcher...

A real estate agent is interested in whether there are differences in home ownership. A researcher samples 30 adults and ask whether they own or rent their home and got the following results:

12 own

18 rent

Math   Statistics-And-Probability   
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Answer #1

Dear student, you haven't mentioned what you are asking for. Here, I am calculating some probabilities, I hope that will be helpful for you. In case of any doubt, please comment on it, I would love to clarify it.

30 Adults were sampled and it was found that 12 were own and 18 were on rent.

Probability of an Event =  Number of favorable Outcomes / Total Number of Possible Outcomes

Probability of selecting an adult who owns his home(whose homeownership is own) = Total no of own home / total home

P(own) = 12/30

In a similar way, P(rent) = 18/30

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