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The manager of the Number Approved Frequency El commercial mortgage 0 12 department of a large 1 25 bank has collected data 2 34 during
The manager of the Number Approved Frequency El commercial mortgage 0 12 department of a large 1 25 bank has collected data 2 34 during the past two years 3 16 concerning the number of 4 8 commercial mortgages 5 6 approved per week. The 6 2 results from these two 7 1 years (104 weeks) are shown to the right. a. Compute the expected number of mortgages approved per week. a. The expected number of mortgages approved per week is El. (Round to three decimal places as needed.)
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