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Home Q & A Board Science-Related Homework Help Mathematics Statistics and Probability
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selena selena
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2 years ago
According to the Mortgage Bankers Association, 11% of U.S. mortgages were delinquent last year. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure. A random sample of eight mortgages was selected. What is the probability that exactly one of these mortgages is delinquent?

▸ 0.3685

▸ 0.3918

▸ 0.4461

▸ 0.6260
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Business Statistics

Business Statistics


Edition: 2nd
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cesadycesady
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