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

question 54

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It is reported that 23% of the home mortgages in Cowlitz County are "underwater".For 50 randomly selected home mortgages, compute the standard deviation of the random variable "number of underwater home mortgages" in the sample of 50.Assume all the binomial conditions are met.


Definitions:

Law of Heredity

Describes the principles guiding how traits are passed from parents to offspring, traditionally referenced in the context of genetics and biological inheritance.

Uniformitarianism

The geological principle suggesting that the same processes and natural laws that operate in the universe now have always operated in the past.

Natural Selection

A fundamental mechanism of evolution, where organisms better adapted to their environment tend to survive and produce more offspring.

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