Question: Answer...... Chapter 06, Section 8.3, Problem 031 Your answer is partially correct. Try again. The average monthly mortgage payment for all homeowners in a city

Answer......

Chapter 06, Section 8.3, Problem 031 Your answer is partially correct. Try again. The average monthly mortgage payment for all homeowners in a city is $2860. Suppose that the distribution of monthly mortgages paid by homeowners in this city follow an roproximate normal distribution with a mean of $2850 and a standard deviation of $410. Find to 4 decimal places the probability that the monthly mortgage paid by a randomly selected homeowner from this city is a. less than $1400. Probability 10:0002 b. more than $3600. Probability - 0.0336 c. between $2400 and 43290. Probability = 0.7220 d. between $3100 and $3900. Probability = the absolute tolerance May-0.603

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