6. Monthly Mortgage Payments The average monthlymortgage payment including principal and interest is$982 in the United States. If the standard deviation isapproximately $180 and the mortgage payments areapproximately normally distributed, find the probabilitythat a randomly selected monthly payment isа.More than $1000b. More than $1475с.Between $800 and $1150

Given that The monthly mortgage payment including principal and interest is $982 ; (μ=$982)…

Answered: 6. Monthly Mortgage Payments The…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Asset A will generate a 20% return with probability 0.25; a 15% return with probability 0.50; and a -15% return with probability 0.25. The standard deviation of the return on Asset A is %. Write your answer as a percentage, rounded to 2 decimal places. Example: if the answer is 10.3478%, then write "10.35". Do not type the % sign in your answer.
Assume monthly returns of 1%, -2%, 3% and 1%. What is periodic arithmetic mean, geometric mean, standard deviation, skew and kurtosis? What are the annualized values of each statistic?
The average student loan debt for college graduates is $25,600. Suppose that that distribution is normal and that the standard deviation is $11,400. Let X = the student loan debt of a randomly selected college graduate. Round all probabilities to 4 decimal places and all dollar answers to the nearest dollar.b Find the probability that the college graduate has between $13,550 and $33,450 in student loan debt. c. The middle 10% of college graduates' loan debt lies between what two numbers? Low: $ High: $
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A stock can earn a return of 10%, 15%, -5%, or 0%, each with a known probability of 25%. What is the standard deviation of this stock's return? Select one: O a. .025 b. .079 c..05 d. .00625 e..0913
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