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

question 121

Multiple Choice

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

• A)12.9
• B)14.2
• C)9.6
• D)10.1
• E)11.5

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