Mathematics, 16.04.2020 04:15 ddea4081

According to the Mortgage Bankers Association, 8% 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? Multiple Choice

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According to the Mortgage Bankers Association, 8% of U. S. mortgages were delinquent last year. A de...