One effect of the great recession was to lower the interest rate on fixed-rate mortgages. A sample

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One effect of the great recession was to lower the interest rate on fixed-rate mortgages. A sample of 30-year fixed-rate mortgage rates taken from financial institutions in the Pacific Northwest resulted in the following:

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a. Construct a histogram with eight classes beginning at 3.46.
b. Determine the proportion of 30-year fixed mortgage rates that are at least 3.76%.
c. Produce an ogive for the data.
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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