ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
You are considering an investment in a residential investment property that is with a current occupancy of 96%. Which of the following distribution is most appropriate to define for the average expected occupancy rate for this potential investment over a 5-year period? – (Select only one)
a. A pert distribution with a long left tail
b. A pert distribution with a long right tail
c. A discrete distribution
d. A normal distribution
e. A uniform distribution
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