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A Survey of Banks Revealed the Following Distribution for the Interest

question 102

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A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment) . A survey of banks revealed the following distribution for the interest rate being charged on a home loan (based on a 30-year mortgage with a 10% down payment) .   If a bank is selected at random from this distribution, what is the chance that the interest rate charged on a home loan will exceed 5.19%? A)  0.06 B)  0.41 C)  0.59 D)  1.00
If a bank is selected at random from this distribution, what is the chance that the interest rate charged on a home loan will exceed 5.19%?


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