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According to the Mortgage Bankers Association,8% of U.S.mortgages were delinquent in 2011.A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure.A random sample of eight mortgages was selected.What is the probability that fewer than three of these mortgages are delinquent?
Lipid
A broad class of naturally occurring molecules that include fats, waxes, and oils, characterized by their insolubility in water but solubility in nonpolar organic solvents.
IR Spectrum
Infrared spectroscopy measures and records the wavelength and intensity of infrared light absorbed by a compound, providing information about molecular vibrations and functional groups.
Lipid Wax
A type of lipid that is solid at room temperature, consisting of long-chain fatty acids and alcohols.
Synthetic Detergent
Man-made soap-like substances that can emulsify oils and hold dirt in suspension in water, used for cleaning.
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