2. Figures from the 2016 Census of Population show the following figures for rent paid in Ireland according to the nati...
2. Figures from the 2016 Census of Population show the following figures for rent paid in Ireland according to the nationality of the renter: Weekly Other Other Total Irish African or American Rent Paid Asian European 4790 779 1750 3484 3708 K50 50-99 65614 73034 127 491 1133 1819 72443 89348 89962 70064 12254 25706 24077 38825 100-149 58299 1529 944 150-199 39984 1175 1120 200+ All 74394 8556 3871 3442 129088 311325 105652 18277 6553 9098 450905 (a) Use the above information to calculate the mean, median and standard deviation of weekly rent paid in the Irish state. Comment on your results. (b) Calculate (i) the probability of a renter being American; (ii) the probabílity of a renter being American and paying a rent of less than 50 per week; and (iii) the probability of an American renter paying a rent of less than 50 per week. Explain the differences between the three probabilities. (c) Say that you randomly choose ten renters from the population. What is the probability that exactly two of them are American?
2. Figures from the 2016 Census of Population show the following figures for rent paid in Ireland according to the nationality of the renter: Weekly Other Other Total Irish African or American Rent Paid Asian European 4790 779 1750 3484 3708 K50 50-99 65614 73034 127 491 1133 1819 72443 89348 89962 70064 12254 25706 24077 38825 100-149 58299 1529 944 150-199 39984 1175 1120 200+ All 74394 8556 3871 3442 129088 311325 105652 18277 6553 9098 450905 (a) Use the above information to calculate the mean, median and standard deviation of weekly rent paid in the Irish state. Comment on your results. (b) Calculate (i) the probability of a renter being American; (ii) the probabílity of a renter being American and paying a rent of less than 50 per week; and (iii) the probability of an American renter paying a rent of less than 50 per week. Explain the differences between the three probabilities. (c) Say that you randomly choose ten renters from the population. What is the probability that exactly two of them are American?