Suppose 35% of Homes in a Miami,Florida,neighborhood Are Under Water

question 85

Multiple Choice

Suppose 35% of homes in a Miami,Florida,neighborhood are under water (in other words,the amount due on the mortgage is larger than the value of the home) .There are 160 homes in the neighborhood and 30 of those homes are owned by your friends.What is the probability that fewer than 30% of your friends' homes are under water?

• A) 0.2611
• B) 0.2843
• C) 0.6400
• D) 0.7389

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Definitions:

Ethical Absolutism

The belief in absolute standards against which moral questions can be judged, irrespective of the context or situation.

Cultural Relativism

A concept in anthropology and ethics that posits the belief systems and moral codes of a culture should be understood and judged within the context of that culture's own history and traditions.

Open Mind

The willingness to consider new ideas and perspectives without letting one's own beliefs hinder the process.

Divine Command Theory

The ethical theory that posits moral values and obligations are rooted in the commands of God or a supreme deity.