Question
In the United States, the average monthly mortgage payment including principal and interest is $982. If mortgage payments are normally distributed with a standard deviation
In the United States, the average monthly mortgage payment including principal and interest is $982. If mortgage payments are normally distributed with a standard deviation of approximately $180, find the probability that a randomly selected monthly payment a. is more than $1,000. b. is more than $1,475. c. is between $800 and $1,150.
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Essential Calculus Early Transcendental Functions
Authors: Ron Larson, Robert P. Hostetler, Bruce H. Edwards
1st Edition
618879188, 618879182, 978-0618879182
