In early 2007 the Mortgage Lenders Association reported that homeowners, hit hard by rising interest rates on adjustable-rate mortgages, were defaulting in record numbers. The foreclosure rate of 1.6% meant that millions of families were losing their homes. Suppose a large bank holds 1731 adjustable-rate mortgages.

a) Can you apply the Central Limit Theorem to describe the sampling distribution model for the sample proportion of foreclosures? Check the conditions and discuss any assumptions you need to make.
b) Sketch and clearly label the sampling model, based on the 68–95–99.7 Rule.
c) How many of these homeowners might the bank expect will default on their mortgages? Explain.

Is 8.50 an answer or no? ?

Answer: question no. 1 -a. yes, the sides are in the ratio 2 : 5.question no. 2 -b. 59°question no. 3 -c. angles x and y are remote interior angles.question no. 4 -d. 90°, 45° and 45°question no. 5 -b. mn and qrstep-by-step explanation: question no. 1 -rs : xu = 3 : 7.5 = 2 : 5rt : x? = 6.4 : 16 = 2 : 5st : u? = 6 : 15 = 2 : 5as the ratios of all sides are equivalent, the triangles must be congruent and the sides must be proportional.therefore, the answer is: a. yes, the sides are in the ratio 2 : 5.question no. 2 -in the second diagram, angle b is the only letter not shown. therefore, the number must be equivalent to angle b.if we substitute the value of angle b as being 22° in the first diagram, we can now use the angle sum of a triangle to obtain the value of angle a.angle sum of a triangle = 180°therefore: let angle a = aa + 99 + 22 = 180a = 180 - 99 - 22a = 59°therefore, the answer is: b. 59°question no. 3 -angles x and y don't share the vertex of the triangle with the exterior angle w. remote interior angles don't share a vertex of a triangle with an exterior angle. this means that angles x and y are remote interior angles.therefore, the answer is: c. angles x and y are remote interior angles.question no. 4 -the sum of all interior angles of a triangle must be equivalent to 180°.90°, 45° and 45° are the only set of angle measures that are equivalent to 180°.therefore, the answer is: d. 90°, 45° and 45°question no. 5 -the only pair of sides stated in the options which are corresponding are mn and qr.therefore, the answer is: b. mn and qr.