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When a Deed Is Given in Lieu of Foreclosure of the Mortgage,the

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When a deed is given in lieu of foreclosure of the mortgage,the mortgagor no longer has an obligation to pay the mortgage note.


Definitions:

Interval Estimate

An estimate of a population parameter that provides a range of values believed to contain the parameter with a certain degree of confidence.

Sample Standard Deviation

A measure of the dispersion or variability of a set of data points in a sample.

Point Estimate

A single value estimation derived from a sample that serves as the best guess of a population parameter.

Interval Estimate

Interval Estimate is a range of values used to estimate a population parameter, typically expressed through confidence intervals.

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