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Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is $982 in the United States. If the standard deviation is approximately $180
Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is $982 in the United States. If the standard deviation is approximately $180 and the mortgage payments are approximately normally distributed, nd the probabilities. Use a 11-83 Plus/TI-84 Plus calculator and round the answers to at least four decimal places. (a) The selected monthly payment is more than $1200. P(X> 1200) = E] \f
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