John Smith Is Planning to Refinance His Home Mortgage to Take

question 2

Multiple Choice

John Smith is planning to refinance his home mortgage to take advantage of the lower current interest rates.As part of the refinancing application,the bank needs to appraise Mr.Smith's home.Mr.Smith expects an appraisal of at least $175,000 but no more than $250,000.All values between $175,000 and $250,000 have the same probability of being the actual appraised value.What is the appropriate distribution for simulating appraisal values?

• A)continuous uniform
• B)triangular
• C)binomial
• D)discrete uniform
• E)normal

---

Definitions:

Uterine Tube

Also known as the fallopian tube, it is the path through which an egg travels from the ovary to the uterus.

Ampulla

A dilated portion of a canal or duct, such as those found in the gastrointestinal and reproductive tracts, which often plays a role in the storage of bodily fluids.

Infundibulum

Funnel-shaped structure or passage—for example, the infundibulum that attaches the hypophysis to the hypothalamus or the funnel-like expansion of the uterine tube near the ovary.

Isthmus

Constriction connecting two larger parts of an organ, such as the constriction between the body and the cervix of the uterus or the portion of the uterine tube between the ampulla and the uterus.