Owners of the 650 homes in a subdivision list their houses, on average, every six years. if a sales associate farms that neighborhood and lists 40% of the homes, how many homes can she expect to list this year

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Business

Riley Banks

15 November, 17:16

Owners of the 650 homes in a subdivision list their houses, on average, every six years. if a sales associate farms that neighborhood and lists 40% of the homes, how many homes can she expect to list this year

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Elvis Montoya · Answer 1

There are 650 homes.

Owners list their homes on the average, every six years.

Therefore average number of homes listed per year is

650/6 = 108.333 homes

If a sales associate lists 40% of the homes in a year, she can expect to list

40%*108.333 = 0.4*108.333 = 43.33

We cannot have fractional homes, so the sales associate lists 43 homes per year.

Answer: 43 homes