Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is s982 in the United States. If the standard deviation is approximately s180 and the mortgage payments are approximately normally distributed, find the probabilities. Use a TI-83 Plus/TI-84 Plus Calculator and round the answers to at least four decimal places. Part: 0/ 2 Part 1 of 2 (a) The selected monthly payment is more than si175. P(X>1175)=O

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 2E: If a binomial experiment has probability p success, then the probability of failure is...
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Monthly Mortgage Payments The average monthly mortgage payment
including principal and interest is s982 in the United States. If the standard
deviation is approximately s180 and the mortgage payments are
approximately normally distributed, find the probabilities. Use a
TI-83 Plus/TI-84 Plus Calculator and round the answers to at least four decimal
places.
Part: 0/ 2
Part 1 of 2
(a) The selected monthly payment is more than si175.
P(X>1175)=O
Transcribed Image Text:Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is s982 in the United States. If the standard deviation is approximately s180 and the mortgage payments are approximately normally distributed, find the probabilities. Use a TI-83 Plus/TI-84 Plus Calculator and round the answers to at least four decimal places. Part: 0/ 2 Part 1 of 2 (a) The selected monthly payment is more than si175. P(X>1175)=O
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