Monthly Mortgage Payments The average monthly mortgage payment including principal and
Chapter 6, Problem 6(choose chapter or problem)
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, find the probability that a randomly selected monthly payment is a. More than $1000 b. More than $1475 c. Between $800 and $1150
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