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It Is Reported That 23% of the Home Mortgages in Cowlitz

Question 66

Multiple Choice

It is reported that 23% of the home mortgages in Cowlitz County are "underwater".For 50 randomly selected home mortgages, compute the variance of the random variable "number of underwater mortgages."


A) 9.12
B) 8.86
C) 16.23
D) 12.47
E) 11.58

Correct Answer:

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