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Question 8 The average monthly mortgage payment including principal and interest is $855 in the United States. f the standard deviation is approximately $222 and the mortgage payments are appreaey norma distributed. find the probability that a randomly selected monthly payment is less than $1110. OA.0.87465 OB.0.12535 OG. 0.62535 OD.0.37465

Question 8 The average monthly mortgage payment including principal and interest is $855 in the United States. f the standard deviation is approximately $222 and the mortgage payments are appreaey norma distributed. find the probability that a randomly selected monthly payment is less than $1110. OA.0.87465 OB.0.12535 OG. 0.62535 OD.0.37465

MATLAB: An Introduction with Applications
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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Question 8 The average monthly mortgage payment including principal and interest is $855 in the United Stares. If the standard deviation is approximately $222 and the mortgage payments are approniately normal distributed, find the probability that a randomly selected monthly payment is less than $1110. O A. 0.87465 O B.0.12535 O C.062535 OD.0.37465 Queston 8of10
Transcribed Image Text:Question 8 The average monthly mortgage payment including principal and interest is $855 in the United Stares. If the standard deviation is approximately $222 and the mortgage payments are approniately normal distributed, find the probability that a randomly selected monthly payment is less than $1110. O A. 0.87465 O B.0.12535 O C.062535 OD.0.37465 Queston 8of10
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