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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?
Interviews
A method of gathering information through direct conversation, asking questions to obtain detailed responses.
Personal Life
Aspects of an individual's life that are personal or private, including family, relationships, and leisure activities.
Therapeutic Response
It describes the body's reaction to a treatment regimen, indicating how well the treatment is working to improve a patient's condition.
Progress
The advancement or development towards achieving a goal or improvement in a particular area.
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