As Recently as 2010 the FHA Was Insuring Almost Half

question 13

True/False

As recently as 2010 the FHA was insuring almost half of all outstanding mortgage debt on single family homes in the U.S..

---

Definitions:

Population Proportion

The ratio of members in a specified subset to the total members of a population, often expressed as a percentage.

Sample Proportion

The fraction of the sample that represents a particular outcome or characteristic.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the value of an unknown population parameter.

Sample Variance

A measure of the dispersion or spread of data points in a sample, calculated by taking the average of the squared differences from the mean.