During 2006, Originations of New Subprime Mortgages Totaled Approximately __________

question 59

Multiple Choice

During 2006, originations of new subprime mortgages totaled approximately __________, which was ________ of new mortgages originated that year.

• A)$600 billion; one-fifth
• B)$400 billion; one-tenth
• C)$100 billion; one-half
• D)$400 billion; one-third
• E)$600 billion; one-half

---

Definitions:

Prediction Intervals

These are estimates that predict the range within which a future observation will fall, with a certain probability.

Confidence Intervals

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, expressed with a certain level of confidence.

Wider

Broad or extended in range, scope, or breadth.

Narrower

Describes something that is more limited in width or scope compared to another.