Question
Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is $ 982 in the United States. If the standard deviation is approximately$
Monthly Mortgage PaymentsThe 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, find the probabilities. Use aTI-83 Plus/TI-84 Pluscalculator and round the answers to at least four decimal places.
Part:0 / 2
0 of 2 Parts Complete
Part 1 of 2
(a)The selected monthly payment is more than$
1225
.
P
>
X
1225
=
0
Part:1 / 2
1 of 2 Parts Complete
Part 2 of 2
(b)The selected monthly payment is between$
825
and$
1100
.
P
<
825
<
X
1100
=
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