A local real estate agent sends out 15000 pieces of


In advertising studies, the U.S. Postal Service has found the probability that a piece of advertising sent via U.S. Mail is 78% likely to be opened and read by its customers. A local real estate agent sends out 15,000 pieces of advertising on their homes for sale in their licensed area. How many of these pieces of advertising can the agent expect will actually be opened and read?

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Microeconomics: A local real estate agent sends out 15000 pieces of
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