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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 136

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
A bank grants mortgages to 87% of all applicants.After the applicant gets approval,the bank sends an appraiser to evaluate the value of the property.The bank pays an appraiser a salary of $2000 a month plus $200 for each appraisal.Assume the bank gets 10 loan applications next month.
-What is the variance of the amount of money the bank will have to pay its appraiser?


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Online Shopping

The act of purchasing products or services via the internet from a website or online marketplace.

Online Shopping

The act of purchasing products or services over the internet through various websites or platforms.

Checkout Lines

Queues of customers waiting to pay for their merchandise at the checkout section of a store.

Internet Behavior

The actions and habits of users while online, including browsing, shopping, socializing, and consuming content on the internet.

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