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The following frequency distribution shows the time (in minutes) that a sample of students uses the computer terminals per day.
a.Compute the mean.
b.Compute the variance.
c.Compute the standard deviation.
d.Compute the coefficient of variation.
Right To Foreclose
The legal right of a lender or mortgage holder to seize property in the event of nonpayment of debt.
Mortgage Loan
A loan secured by the collateral of some specified real estate property, which the borrower is obliged to pay back with a predetermined set of payments.
Default
Failure to fulfill a legal obligation or agreement, typically in the context of a loan or contractual payment.
Down Payment
An initial payment made when something is bought on credit, representing a portion of the purchase price.
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