Mathematics, 17.11.2019 04:31 emmapaschen
The following chart shows the results of a survey of the subprime status of subprime mortgages in a certain state in november 2008.
mortgage status. frequency.
current. 95
past due. 60
in foreclosure. 55
repossessed. 40
(the four categories are manually exclusive; for instance, "past due" refers to a mortgage whose payment status is past due but is not in foreclosure, and "in foreclosure" refers to a mortgage that is in the process of being foreclosed but not yet repossessed. enter your answers to two decimal places.)
a) find the relative frequency distribution for the experiment of randomly selecting a subprime mortgage in the state and determining its status.
current
past due
in foreclosure
repossessed
b) what is the relative frequency that a randomly selected subprime mortgage in the state was neither in foreclosure nor repossessed?
Answers: 2
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The following chart shows the results of a survey of the subprime status of subprime mortgages in a...
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