Mathematics, 26.10.2020 03:50 jamayeah02
The average monthly mortgage payment including principal and interest is $982 in the United
States. Assume that the standard deviation is approximately $180 and the mortgage payments
are approximately normally distributed. Find these probabilities of the monthly payment
selected randomly. Enter the final answers as decimals rounded to 4 places. Round intermediate
-value calculations to 2 decimal places.
Source: World Almanac.
Part 1 out of 2
More than $1510
P(X > 1510) =
Answers: 3
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The average monthly mortgage payment including principal and interest is $982 in the United
States....
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